Specialist in Merton available for sale
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Specialist Property for Sale near Merton (London)

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Specialist Properties for Sale Within 5 miles of the Merton (London)

More details for 26-28 Priests Bridge, London - Specialist for Sale

26-28 Priests Bridge

London, SW14 8TA

  • Specialist for Sale
  • £2,180,000
  • 5,000 sq ft

London Specialist for Sale - East Sheen

Newly built state of the art ground floor nursery extending to 5,000 sq ft GIA Virtual freehold interest for a term of 999 years at a peppercorn. Highly affuent location in South West London Let to Kido Schools UK Limited on a new 25 year lease from Sept 2025 5 yearly upward only rent reviews to 1% and 3% Let of only £26 psf set in 2023 on a pre-let agreement ERV now over £30 psf £2,180,000 - reflecting a Net Initial Yield of 6.00% after allowing for purchaser’s costs of 6.75%, a low capital value of only £436 per sq ft and an attractive reversionary yield of 7.84% should the unit be re-let off the ERV.

Contact:

Stirling Shaw Real Estate Consultants

Property Subtype:

School

Date on Market:

15/10/2025
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