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38-40 Ludgate Hl 3,222 sq ft Retail Unit Offered at £1,675,000 in London EC4M 7DE
Investment Highlights
- Prominent location on the north side of Ludgate Hill
- Historic thoroughfare
- 100 metres from St. Paul’s Cathedral
Property Facts
| Total Property Size | 9,812 sq ft | Floors | 7 |
| Property Type | Retail (Unit) | Typical Floor Size | 3,465 sq ft |
| Property Subtype | Shopfront | Year Built | 1963 |
| Costar Property Class | B | Total Plot Size | 0.70 ac |
| Total Property Size | 9,812 sq ft |
| Property Type | Retail (Unit) |
| Property Subtype | Shopfront |
| Costar Property Class | B |
| Floors | 7 |
| Typical Floor Size | 3,465 sq ft |
| Year Built | 1963 |
| Total Plot Size | 0.70 ac |
Amenities
- Bus Route
- Commuter Rail
- Public Transport
- Security System
- Signage
- Storage Space
- Smoke Detector
1 Unit Available
Unit 38-40
| Unit Size | 3,222 sq ft | Sale Type | Investment |
| Price | £1,675,000 | Tenure | Freehold |
| Price Per sq ft | £519.86 | Net Initial Yield | 6.47% |
| Unit Use | Retail | NOI | £108,372.50 |
| Unit Size | 3,222 sq ft |
| Price | £1,675,000 |
| Price Per sq ft | £519.86 |
| Unit Use | Retail |
| Sale Type | Investment |
| Tenure | Freehold |
| Net Initial Yield | 6.47% |
| NOI | £108,372.50 |
Description
Well configured retail unit with 3,222 sq ft across ground and basement
Sale Notes
Let to Apple Tree Gifts Ltd on a 10 year lease expiring 05/09/2034 at a current passing rent of £115,000pa
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Nearby Major Retailers
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38-40 Ludgate Hl
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