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293-295 Kilburn Ln 1,131 SF Retail Building London W9 3EG $482,218 ($426.36/SF) 6.94% Cap Rate
Investment Highlights
- Current rent reserved is £25,000
- Served by London Underground (Bakerloo Line) and Overground services.
- Lease until 12/24/2118 (approx. 95 years remaining)
Executive Summary
This retail commercial premises is located on a busy parade in Kilburn. The property is a double fronted shop fitted out as a betting office.
The property is let to Ladbrokes betting and gaming Ltd for a term of 15 years from 29th September 2011 at a current rent of £25,000 per annum.
The property is let to Ladbrokes betting and gaming Ltd for a term of 15 years from 29th September 2011 at a current rent of £25,000 per annum.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
1,131 SF
Building Class
B
Year Built
1960
Price
$482,218
Price Per SF
$426.36
Cap Rate
6.94%
NOI
$33,487
Tenancy
Single
Building Height
3 Stories
Building FAR
0.37
Lot Size
0.07 AC
Frontage
39’ on Kilburn Lane
Amenities
- Security System
- Storage Space
- Air Conditioning
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Nearby Major Retailers
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Photos
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293-295 Kilburn Ln
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