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145-159 Eltham High St 30,526 sq ft 100% Let Retail Property London SE9 1TW £5,300,000 (£173.62/sq ft) 7.50% Net Initial Yield

EXECUTIVE SUMMARY
Freehold retail property on Eltham High Street, arranged over ground and three upper floors totaling 36,770 sq ft. Multi-let with WAULT of 6.1 years; 49% of income secured to Sportsdirect until Dec 2029. Current rent £425,000 p.a. Offers sought around £5.3M, reflecting 7.5% NIY and £144 psf. Redevelopment potential subject to planning.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront
Property Size
30,526 sq ft
Costar Property Class
B
Year Built
1995
Price
£5,300,000
Price per sq ft
£173.62
Yield
7.50%
NOI
£397,500
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
2
Plot ratio
1.72
Total Plot Size
0.41 ac
AMENITIES
- Bus Route
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NEARBY MAJOR RETAILERS
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VIDEOS
MATTERPORT 3D EXTERIOR
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145-159 Eltham High St
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