Log In/Sign up
Your email has been sent.
82 Northcote Rd 1,442 sq ft Retail Property London SW11 6QN £1,285,000 (£891.12/sq ft) 6.25% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Situated in the trendy and sought-after Northcote Road with its aspirational retailers, café’s and restaurants
- Short 8 minute walk from one of the UK’s busiest train stations, Clapham Junction
- Retail pitch with strong retail demand and excellent rental growth prospects
EXECUTIVE SUMMARY
Affluent South West London residential suburb. Situated in the trendy and sought after Northcote Road with its aspirational retailers, cafe and restaurants. Retail pitch with strong retail demand and excellent rental growth prospects. Short 8 minute walk from one of the UK's busiest train stations, Clapham Junction. Well configured 1,211 sq ft retail unit occupied by a 'high-end' Pilates Studio. Upper parts have been converted to residential and are not part of the sale. We are offering a 999 year lease at a peppercorn. Nearby occupiers include Bayley & Sage, Aspiga, Aesop, GAIL's, Sweaty Betty, Whistles and Jimmy Fairly. Let to Mind and Motion Ltd on a 20 years lease at a rent of £85,000 per annum (tenant only break at year 10)
Offers in excess of £1,285,000 exclusive VAT and subject to contract. This reflects a net initial yield of 6.25% (assuming graduated purchaser's costs of 6.8%)
Offers in excess of £1,285,000 exclusive VAT and subject to contract. This reflects a net initial yield of 6.25% (assuming graduated purchaser's costs of 6.8%)
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Long Leasehold
Property Subtype
Shopfront Retail / Residential
Property Size
1,442 sq ft
Year Built
1870
Price
£1,285,000
Price per sq ft
£891.12
Yield
6.25%
NOI
£80,313
Tenancy
Single
Number of Floors
3
Floor To Floor Height
10 ft
Plot ratio
0.83
Total Plot Size
0.04 ac
Frontage
18 ft on Northcote Rd
AMENITIES
- Bus Route
- Signage
1 1
NEARBY MAJOR RETAILERS
1 of 6
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
82 Northcote Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.