Sold
Grove House, 551 London Road, Isleworth, Middlesex
London - M25
dba206
Office£3,900,000
Tenure: Freehold
Tenancy: Multi Let
Investment summary
•Net initial yield of 7.0%.
•Reversionary yield of 7.2%.
•Equivalent yield of 7.5%.
•Freehold.
•Attractive town centre office building benefiting from a refurbishment of the majority of the accommodation in 2002.
•Total net internal area of 1,801 sq m (19,385 sq ft).
•Passing rent reflects £160.55 per sq m (£14.91 per sq ft) overall.
•Capital value of £2,160 per sq m (£201 per sq ft).
•Car parking ratio of 1:42 sq m (1:450 sq ft).