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19 Church Ln 422 SF Retail Building London E11 1HG $472,341 ($1,119.29/SF)
Investment Highlights
- Freehold investment
- Upper parts sold off on long lease
- 20,150 per annum
- Ground floor shop has traded as 'Subway' for many years
- Current total income £
- Rent review due in January 2027
Executive Summary
The shop is held on a 15 year full repairing and insuring lease from January 2022. There are rent reviews and tenant-only break clauses as at January 2027 and January 2032. The current passing rent is £20,000 per annum. The upper parts are sold off on a 125 year lease from 2006. The ground rent payable is £150 per annum.
The freehold is available, subject to the existing leases, for £350,000.
The freehold is available, subject to the existing leases, for £350,000.
Property Facts Sale Pending
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
422 SF
Building Class
B
Year Built
1950
Price
$472,341
Price Per SF
$1,119.29
Tenancy
Single
Building Height
3 Stories
Building FAR
0.33
Lot Size
0.03 AC
Frontage
12’ on Church Lane
Amenities
- Security System
- Signage
- Storage Space
1 1
Nearby Major Retailers
1 of 19
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19 Church Ln
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