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1-3 Bellegrove Rd 920 SF Retail Building Welling DA16 3PA $1,219,347 ($1,325.38/SF) 6.82% Cap Rate
Investment Highlights
- Freehold mixed-use investment
- Strong passing income profile
- Central Welling location
Executive Summary
Freehold mixed-use investment for sale at offers in excess of £900,000, reflecting a quoted yield of 6.82% based on a current fully let income of £61,380 per annum. The asset provides income from a ground floor commercial tenant and two residential flats, offering an established and diversified income stream.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
920 SF
Building Class
B
Year Built
1900
Price
$1,219,347
Price Per SF
$1,325.38
Cap Rate
6.82%
NOI
$83,159
Tenancy
Single
Building Height
4 Stories
Frontage
31’ on Bellegrove Rd
Amenities
- Bus Line
- Signage
1 1
Nearby Major Retailers
1 of 6
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1-3 Bellegrove Rd
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