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145-159 Eltham High St 30,526 SF 100% Leased Retail Building London SE9 1TW $7,123,560 ($233.36/SF) 7.50% Cap Rate
EXECUTIVE SUMMARY
Freehold retail property on Eltham High Street, arranged over ground and three upper floors totaling 36,770 sq ft. Multi-let with WAULT of 6.1 years; 49% of income secured to Sportsdirect until Dec 2029. Current rent £425,000 p.a. Offers sought around £5.3M, reflecting 7.5% NIY and £144 psf. Redevelopment potential subject to planning.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
30,526 SF
Building Class
B
Year Built
1995
Price
$7,123,560
Price Per SF
$233.36
Cap Rate
7.50%
NOI
$534,267
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.72
Lot Size
0.41 AC
AMENITIES
- Bus Line
1 1
NEARBY MAJOR RETAILERS
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145-159 Eltham High St
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