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38-40 Ludgate Hl 3,222 SF Retail Condo Unit Offered at $2,236,644 in London EC4M 7DE



Investment Highlights
- Prominent location on the north side of Ludgate Hill
- Historic thoroughfare
- 100 metres from St. Paul’s Cathedral
Property Facts
| Total Building Size | 9,812 SF | Floors | 7 |
| Property Type | Retail (Condo) | Typical Floor Size | 3,465 SF |
| Property Subtype | Storefront | Year Built | 1963 |
| Building Class | B | Lot Size | 0.70 AC |
| Total Building Size | 9,812 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront |
| Building Class | B |
| Floors | 7 |
| Typical Floor Size | 3,465 SF |
| Year Built | 1963 |
| Lot Size | 0.70 AC |
Amenities
- Bus Line
- Commuter Rail
- Metro/Subway
- Security System
- Signage
- Storage Space
- Smoke Detector
1 Unit Available
Unit 38-40
| Unit Size | 3,222 SF | Sale Type | Investment |
| Price | $2,236,644 | Tenure | Freehold |
| Price Per SF | $694.18 | Cap Rate | 6.47% |
| Condo Use | Retail | NOI | $144,710.84 |
| Unit Size | 3,222 SF |
| Price | $2,236,644 |
| Price Per SF | $694.18 |
| Condo Use | Retail |
| Sale Type | Investment |
| Tenure | Freehold |
| Cap Rate | 6.47% |
| NOI | $144,710.84 |
Description
Well configured retail unit with 3,222 sq ft across ground and basement
Sale Notes
Let to Apple Tree Gifts Ltd on a 10 year lease expiring 05/09/2034 at a current passing rent of £115,000pa
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Nearby Major Retailers
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38-40 Ludgate Hl
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