London - Parsons Green Lane - Retail Investment

Acquired

  • Located approximately 50m south of Parsons Green Underground Station.
  • Attractive building with impressive street frontages comprising approximately 8,432 sq ft let to the Co-Operative Group Ltd and Le Pain Quotidien Ltd.
  • AWULT of approximately 12.9 years.
  • Approximately 53% of the income is secured to the Co-operative Group Ltd which benefits from RPI linked reviews for a further 17.5 years.
  • Current passing rent is £255,001.
  • Freehold
  • The most recent investment sale close by, let to Cote Restaurants Ltd, sold in April 2016 for a price reflecting 3.2% net initial yield17m.
 

About London

About London

United over 32 districts and an area of 1,572km sq, even locals can feel daunted at times by its sheer size. Yet what makes it seem so vast is London’s superb transport network, enabling its 9 million residents to hop around with relative ease –there’s little excuse not to visit that friend or new restaurant opening on the other side of town.Where possible, Londoners love to travel by foot, exploring the endless parks and green spaces that take up half of the city and make London one of the most verdant capitals in the world. [...]

Buying Guides

- Added to shortlist

- Removed from the shortlist

Undo