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34 Half Acre 3,754 sq ft Retail Property Brentford TW8 8BH £910,000 (£242.41/sq ft) 6.25% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Prominent Location
- Amazing accessibility
- Great Transport Links
EXECUTIVE SUMMARY
A purchase at this level reflects a net initial yield of 6.25% after allowing for standard purchaser's costs of 6.51%.
Trading Nursery let to Little Garden Day Nurseries Limited owned by Family First Day Nurseries. Converted semi-detached former Victorian school building. Fully let nursery investment producing £60,000 per annum with 14 years unexpired, offering reversionary potential and a net initial yield.
Trading Nursery let to Little Garden Day Nurseries Limited owned by Family First Day Nurseries. Converted semi-detached former Victorian school building. Fully let nursery investment producing £60,000 per annum with 14 years unexpired, offering reversionary potential and a net initial yield.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Size
3,754 sq ft
Costar Property Class
B
Year Built
1870
Price
£910,000
Price per sq ft
£242.41
Yield
6.25%
NOI
£56,875
Tenancy
Single
Number of Floors
3
Frontage
11 ft on Half Acre
1 1
NEARBY MAJOR RETAILERS
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34 Half Acre
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