30-38 Northcote Road, Clapham Junction, LONDON, SW11 1NJ

UNDER OFFER

Tenure

Description

Retail and Residential Investment Opportunity situated at the heart of the prime pitch on Northcote Road which is the main retailing thoroughfare in the area.  Clapham is an affluent suburb of London with an above average proportion of the population aged between 20 and 39 who traditionally have a higher than average disposable income.

The property is let to Starbucks Coffee Co (UK) Ltd and Mitchells & Butlers Retail Ltd with 9 residential units on 2 upper floors.  There are asset management angles including sale of the residential upper parts.

Offers are sought in excess of £5.65m which reflects a NIY of 6.55%.  Offers will also be considered for the commercial and residential elements separately.

Price

Net Initial Yield