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87 Ridgway 1,749 sq ft 100% Let Retail Property London SW19 4ST £1,650,000 (£943.40/sq ft) 4.43% Net Initial Yield
Investment Highlights
- Prestigious Wimbledon Village address
- Unique glass pavilion top floor with wrap-around terrace
Executive Summary
Prestigious Wimbledon Village address in an affluent and globally recognised location. Prominent corner property, with strong visibility & passing trade with a unique glass pavilion top floor with wrap-around terrace. Secure tenants (APPI Clinics Ltd & Andrew Pinchin Architects Ltd ) with personal guarantees. Reversionary rents & Landlord retains control at expiry 2028 (1954 Act excluded).
Wimbledon Village is a prestigious South West London suburb well known for not only its sporting connections, but also its affluent residential population and fashionable retailers. The area benefits from excellent transport links being served by Wimbledon Broadway Station (National & District Lines), numerous bus connections and cycle routes plus excellent road links with the A3 situated nearby providing direct access both into Central London and to the South West.
Total Rental Income: £78,000 per annum
Seeking offers in the region of £1,650,000 reflecting a NIY of 4.43%.
Wimbledon Village is a prestigious South West London suburb well known for not only its sporting connections, but also its affluent residential population and fashionable retailers. The area benefits from excellent transport links being served by Wimbledon Broadway Station (National & District Lines), numerous bus connections and cycle routes plus excellent road links with the A3 situated nearby providing direct access both into Central London and to the South West.
Total Rental Income: £78,000 per annum
Seeking offers in the region of £1,650,000 reflecting a NIY of 4.43%.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Office
Property Size
1,749 sq ft
Costar Property Class
C
Year Built
2009
Price
£1,650,000
Price per sq ft
£943.40
Yield
4.43%
NOI
£73,095
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
3
Plot ratio
2.01
Total Plot Size
0.02 ac
Frontage
Amenities
- Roof Terrace
- Storage Space
- Air Conditioning
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Nearby Major Retailers
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Presented by
87 Ridgway
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