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1-3 Ravensbourne Rd 1,635 SF 100% Leased Retail Building Bromley BR1 1HN $767,444 ($469.38/SF) 7.75% Cap Rate
INVESTMENT HIGHLIGHTS
- Two ground & first floor commercial units
- Currently let producing £44,500pa
- Measures 1,635sqft
EXECUTIVE SUMMARY
Offers in excess of £575,000 are invited for the freehold interest with the benefit of the existing leases and income. We understand that VAT is not chargeable.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
1,635 SF
Building Class
B
Year Built
1925
Price
$767,444
Price Per SF
$469.38
Cap Rate
7.75%
NOI
$59,477
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.54
Lot Size
0.07 AC
Parking
2 Spaces (1.22 Spaces per 1,000 SF Leased)
Frontage
37’ on Ravensbourne Road
AMENITIES
- Bus Line
- Commuter Rail
- Security System
- Energy Performance Rating - E
- Storage Space
- Air Conditioning
1 1
NEARBY MAJOR RETAILERS
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1-3 Ravensbourne Rd
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