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22A-24 Plumstead High St 2,688 sq ft 100% Let Retail Property London SE18 1SL £595,000 (£221.35/sq ft) 6.50% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Busy high street with excellent links to Central London
- Large frontage
- Distinctive and highly desirable split-level commercial property
EXECUTIVE SUMMARY
Two commercial buildings for sale, both currently tenanted on long leases, generating a total of £38,500 per annum.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Long Leasehold
Property Subtype
Shopfront Retail / Residential
Property Size
2,688 sq ft
Costar Property Class
B
Year Built
1960
Price
£595,000
Price per sq ft
£221.35
Yield
6.50%
NOI
£38,675
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
4
Floor To Floor Height
9 ft
Plot ratio
1.23
Total Plot Size
0.05 ac
Frontage
AMENITIES
- Bus Route
- Commuter Rail
- Security System
- Signage
- Storage Space
- Air Conditioning
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NEARBY MAJOR RETAILERS
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22A-24 Plumstead High St
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