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13-14 Well Hall Parade 2,096 sq ft Retail Property London SE9 6SP £590,000 (£281.49/sq ft) 6.90% Net Initial Yield
INVESTMENT HIGHLIGHTS
- High Street location
- Eltham train station nearby
- Good passing traffic
EXECUTIVE SUMMARY
Freehold commercial investment sale.
The 2 properties are located on Well Hall Parade close to the junction of Well Hall Road (A208) and within 250 yards of Eltham Railway Station with direct trains to Central London. Eltham High Street is within a mile to the south and Woolwich is 2 miles to the North. The area has good transport links with numerous bus routes using Well Hall Road, the A2 and South Circular being approx. half a mile away.
The 2 properties are located on Well Hall Parade close to the junction of Well Hall Road (A208) and within 250 yards of Eltham Railway Station with direct trains to Central London. Eltham High Street is within a mile to the south and Woolwich is 2 miles to the North. The area has good transport links with numerous bus routes using Well Hall Road, the A2 and South Circular being approx. half a mile away.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
2,096 sq ft
Costar Property Class
B
Year Built
1919
Price
£590,000
Price per sq ft
£281.49
Yield
6.90%
NOI
£40,720
Tenancy
Single
Number of Floors
1
Plot ratio
0.80
Total Plot Size
0.06 ac
Frontage
18 ft on Well Hall Parade
AMENITIES
- Security System
- Signage
- Roller Shutters
- Storage Space
1 1
NEARBY MAJOR RETAILERS
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13-14 Well Hall Parade
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