Sold
Units 1-3, Lawrence Square, West Green Road, London N15 4EB
LONG LET RETAIL INVESTMENT OPPORTUNITY WITH 25 YEARS UNEXPIRED TERM
Offers in excess of £990,000
- Property Type:
- Commercial
- Sub Type:
- Retail
- Net Initial Yield:
- 6.27%
Income
£65,000 per annum
Description
- Newly built retail unit located in the busy north London district of Seven Sisters
- Prominently located on West Green Road, within an 8 minute walk of Seven Sisters Underground and Railway Station
- 3,595 sq ft (334 sq m) of ground floor accommodation set within the brand new Bellway Homes Lawrence Square residential development
- Let to Dayi Limited (trading as Dayi Food Express) on a new 25 year lease (no breaks)
- Low passing rent of £65,000 per annum reflecting (£18.08 psf)
- Virtual Freehold
Offers in excess of £990,000 (Nine Hundred and Ninety Thousand Pounds) reflecting a NIY of 6.27% assuming standard purchasers costs of 5.73%.