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Investment Highlights
- South Woodford is a popular suburb
- South Woodford Central Line underground station is within very easy walking
- The building is located in a prominent position on the A113
Executive Summary
A ground floor retail/office unit in superb decorative order benefiting from glazed frontage, electric roller shutter, suspended ceiling with internal spotlight, CCTV, WC and kitchenette and having an approximate floor area of 300 sq.ft. (27.87 sq.m.). Offers in excess of £500,000 are being sought for the freehold interest subject to the aforementioned tenancies.
We understand the unit is let to a residential letting agent trading as Iglu residential property lettings for a term of 6 years from March 2018 subject to an outstanding rent review due March 2021 review at the current passing rental of £10,750 pax.
We understand the unit is let to a residential letting agent trading as Iglu residential property lettings for a term of 6 years from March 2018 subject to an outstanding rent review due March 2021 review at the current passing rental of £10,750 pax.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
300 SF
Building Class
B
Year Built
2006
Price
$675,922
Price Per SF
$2,253.07
Cap Rate
3%
NOI
$20,278
Tenancy
Single
Building Height
3 Stories
Building FAR
0.17
Lot Size
0.04 AC
Frontage
23’ on Hermon Hill
Amenities
- Bus Line
- Commuter Rail
- Signage
- Accent Lighting
- Storage Space
- Smoke Detector
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Nearby Major Retailers
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Presented by
154 Hermon Hl
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