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31 Stoke Newington Church St 729 SF Retail Condo Unit Offered at $699,506 in London N16 0NX
INVESTMENT HIGHLIGHTS
- Good transport links
- Heavy pedestrian traffic
- Array of local amenities
EXECUTIVE SUMMARY
The unit is located on Stoke Newington Church Street, opposite the junction with Wilmer Place. The local area is predominantly residential and benefits from a good number of boutique and national operators on the street.
PROPERTY FACTS
| Total Building Size | 729 SF | Floors | 3 |
| Property Type | Retail (Condo) | Typical Floor Size | 243 SF |
| Property Subtype | Storefront Retail/Residential | Year Built | 1852 |
| Building Class | B | Tenancy | Single |
| Total Building Size | 729 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront Retail/Residential |
| Building Class | B |
| Floors | 3 |
| Typical Floor Size | 243 SF |
| Year Built | 1852 |
| Tenancy | Single |
1 UNIT AVAILABLE
Unit 1
| Unit Size | 729 SF | Sale Type | Investment |
| Price | $699,506 | Tenure | Freehold |
| Price Per SF | $959.54 | Cap Rate | 6.86% |
| Condo Use | Retail | NOI | $47,986.09 |
| Unit Size | 729 SF |
| Price | $699,506 |
| Price Per SF | $959.54 |
| Condo Use | Retail |
| Sale Type | Investment |
| Tenure | Freehold |
| Cap Rate | 6.86% |
| NOI | $47,986.09 |
DESCRIPTION
The unit is arranged over ground floor and basement, occupying an end of terrace position.
SALE NOTES
Offers in the region of £525,000, which represents a Net Initial Yield of 6.86%, after deducting purchaser’s costs.
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31 Stoke Newington Church St
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