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48 New Kings Rd 6,736 sq ft 100% Let Retail Property London SW6 4ST £1,200,000 (£178.15/sq ft) 5.97% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Prime freehold retail investment
- Range of local independent businesses nearby
- A few minutes walk from Parsons Green Tube Station
EXECUTIVE SUMMARY
The property is situated on the North side of the road adjacent to Parsons Green. Other occupiers nearby include The White Horse, Waitrose, Sainsburys, The Green and a full range of local independent businesses serving the local affluent population.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
6,736 sq ft
Costar Property Class
B
Year Built
1996
Price
£1,200,000
Price per sq ft
£178.15
Yield
5.97%
NOI
£71,640
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
5
Floor To Floor Height
11 ft
Frontage
64 ft on New Kings Road
AMENITIES
- Signage
- Storage Space
- Smoke Detector
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NEARBY MAJOR RETAILERS
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48 New Kings Rd
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