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112 Portland Rd 3,708 SF Retail Building London SE25 4PJ $1,986,324 ($535.69/SF) 6.50% Cap Rate
Investment Highlights
- Serves the densely populated local catchment area
- Nearest convenience store to Norwood Junction station
Executive Summary
A modern purpose built convenience store of traditional construction forming the ground floor of a mixed use block.
Seeking offers in the region of £1.496m, reflecting a net initial yield of 6.5% after purchasers costs of 6.28%.
*Rent free period to be deducted from purchase price.
Seeking offers in the region of £1.496m, reflecting a net initial yield of 6.5% after purchasers costs of 6.28%.
*Rent free period to be deducted from purchase price.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Long Leasehold
Property Subtype
Storefront Retail/Residential
Building Size
3,708 SF
Building Class
C
Year Built
1900
Price
$1,986,324
Price Per SF
$535.69
Cap Rate
6.50%
NOI
$129,111
Tenancy
Single
Building Height
2 Stories
Building FAR
0.40
Lot Size
0.21 AC
Frontage
37’ on Portland Road
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Nearby Major Retailers
1 of 8
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112 Portland Rd
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