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48 South Ealing Rd 2,016 sq ft Retail Property London W5 4QA £250,000 (£124.01/sq ft) 7.20% Net Initial Yield
Investment Highlights
- Excellent location with good frontage
- Affluent location in West London
- Let until 2039 on an FR&I lease
Executive Summary
The property is a lock-up commercial unit on the ground floor of a three-story terraced parade. The unit has an approximate gross internal area of 25.4 sqm / 273 sq ft. The unit has a prime corner position with frontage on to South Ealing Road and Lothair Road.
The unit is recently leased to an established barber for 15 years, at a yearly rent of £18,000
The unit is recently leased to an established barber for 15 years, at a yearly rent of £18,000
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Long Leasehold
Property Subtype
Shopfront Retail / Residential
Property Size
2,016 sq ft
Costar Property Class
B
Year Built
1950
Price
£250,000
Price per sq ft
£124.01
Yield
7.20%
NOI
£18,000
Tenancy
Single
Number of Floors
3
Plot ratio
1.16
Total Plot Size
0.04 ac
Frontage
22 ft on South Ealing Rd
Amenities
- 24 Hour Access
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Nearby Major Retailers
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48 South Ealing Rd
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