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19A Rowan Rd 1,558 SF 100% Leased Retail Building London SW16 5JF $704,254 ($452.02/SF) 7.73% Cap Rate
Investment Highlights
- Freehold Opportunity
- Vacant Uppers
- Development Opportunity (STPP)
- Commercial Income
- Value-Add Potential
- Rear Access
Executive Summary
The property comprises two ground floor commercial units let to established occupiers, providing immediate rental income, together with vacant upper accommodation offering considerable scope for enhancement, reconfiguration and future value growth, subject to any necessary consents.
Further benefits include separate access to the upper parts, rear access via Meopham Road and strong frontage within a busy local parade. The combination of secure commercial income and future asset management opportunities makes this an appealing proposition for investors, developers and owner-occupiers alike.
Situated in a well-connected South West London location close to local amenities and transport links, the property benefits from strong long-term investment fundamentals and excellent potential for capital appreciation.
Further benefits include separate access to the upper parts, rear access via Meopham Road and strong frontage within a busy local parade. The combination of secure commercial income and future asset management opportunities makes this an appealing proposition for investors, developers and owner-occupiers alike.
Situated in a well-connected South West London location close to local amenities and transport links, the property benefits from strong long-term investment fundamentals and excellent potential for capital appreciation.
Property Facts
Sale Type
Investment
Sale Condition
High Vacancy Property
Property Type
Retail
Tenure
Freehold
Property Subtype
Building Size
1,558 SF
Building Class
C
Year Built
1900
Price
$704,254
Price Per SF
$452.02
Cap Rate
7.73%
NOI
$54,462
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.63
Lot Size
0.06 AC
Frontage
12’ on Rowan Road
Amenities
- Signage
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Nearby Major Retailers
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19A Rowan Rd
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