Commercial Property in Dalston available for sale
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Petrol Station for Sale near Dalston, London

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Retail Properties for Sale Near the Dalston, London

More details for 99 Dalston Ln, London - Retail for Sale

99 Dalston Ln

London, E8 1NH

  • Retail for Sale
  • £2,000,000
  • 2,414 sq ft
  • Air Conditioning
  • Commuter Rail
  • Restaurant
  • Smoke Detector

London Retail for Sale - Dalston

Offers are invited in excess of £2,000,000 for the freehold interest, which represents a gross yield of 6.7%, against the forecast rental income of £133,000 per annum. This equates to approximate capital value of £374 per square foot of the net internal area. Tenancy: The ground floor is currently occupied by Cox Johns Le Camus Limited on a recently renewed lease for a term of 25 years with a current passing rent of £55,000 per annum. The commercial tenant has a concession for the next 3 years that provides for 1 month rent free period per year. This concession will be topped up by the seller on completion. The flats are let on AST agreements. It is thought that there is significant scope to increase the current income from each flat. Please refer to the schedule for more detail.

Contact:

Harston and Co

Property Subtype:

Shopfront Retail / Residential

Date on Market:

02/10/2024
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