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34-40 Ludgate Hl 9,812 sq ft 100% Let Retail Property London EC4M 7DE £1,675,000 (£170.71/sq ft) 6.87% Net Initial Yield
Investment Highlights
- Prominent location on the north side of Ludgate Hill
- Historic thoroughfare
- 100 metres from St. Paul’s Cathedral
Executive Summary
Well configured retail unit with 3,222 sq ft across ground and basement, let to Apple Tree Gifts Ltd on a 10 year lease expiring 05/09/2034 at a current passing rent of £115,000pa
Virtual Freehold (999 years remaining)
Virtual Freehold (999 years remaining)
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Long Leasehold
Property Subtype
Shopfront
Property Size
9,812 sq ft
Costar Property Class
B
Year Built/Renovated
1963/1972
Price
£1,675,000
Price per sq ft
£170.71
Yield
6.87%
NOI
£115,000
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
7
Plot ratio
0.32
Total Plot Size
0.70 ac
Amenities
- Bus Route
- Commuter Rail
- Public Transport
- Security System
- Signage
- Storage Space
- Smoke Detector
Nearby Major Retailers
1 of 7
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34-40 Ludgate Hl
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