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34-40 Ludgate Hl 9,812 SF 100% Leased Retail Building London EC4M 7DE $2,291,915 ($233.58/SF) 6.87% Cap Rate
Investment Highlights
- Prominent location on the north side of Ludgate Hill
- Historic thoroughfare
- 100 metres from St. Paul’s Cathedral
Executive Summary
Well configured retail unit with 3,222 sq ft across ground and basement, let to Apple Tree Gifts Ltd on a 10 year lease expiring 05/09/2034 at a current passing rent of £115,000pa
Virtual Freehold (999 years remaining)
Virtual Freehold (999 years remaining)
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Long Leasehold
Property Subtype
Storefront
Building Size
9,812 SF
Building Class
B
Year Built/Renovated
1963/1972
Price
$2,291,915
Price Per SF
$233.58
Cap Rate
6.87%
NOI
$157,355
Percent Leased
100%
Tenancy
Multiple
Building Height
7 Stories
Building FAR
0.32
Lot Size
0.70 AC
Amenities
- Bus Line
- Commuter Rail
- Metro/Subway
- Security System
- Signage
- Storage Space
- Smoke Detector
Nearby Major Retailers
1 of 7
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Presented by
34-40 Ludgate Hl
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