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1-5 Bond St 7,500 SF 100% Leased Retail Building London W5 5AP $2,554,684 ($340.62/SF) 5.72% Cap Rate



Investment Highlights
- Great location
- High daytime foot traffic
- Exceptional transport links
- Let to undoubted covenant of Nando's Chickenland Limited
Executive Summary
The subject property is an attractive period building comprising a well configured restaurant unit arranged over ground and basement floors. There are substantial residential upper parts on first, second and third floors which are accessed via a rear service road. The front elevation has fully glazed retail frontages with a redbrick façade on the upper floors. Nando’s have recently refurbished the ground and basement floors substantially showing their commitment to the property. The upper parts comprise 6 flats let on a 999 years lease with access via a passageway leading to the rear of the property.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
7,500 SF
Building Class
B
Year Built
1909
Price
$2,554,684
Price Per SF
$340.62
Cap Rate
5.72%
NOI
$146,128
Percent Leased
100%
Tenancy
Multiple
Building Height
5 Stories
Frontage
46’ on Bond St
Amenities
- Storage Space
1 1
Nearby Major Retailers
1 of 7
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1-5 Bond St
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