Sold
252 High Road, Loughton, Essex
London - M25
dba017
Mixed Use£1,350,000
Tenure: Freehold
Tenancy: Multi Let
Investment summary
•Purchase price of £1,350,000, subject to contract Reflecting a net initial yield of 5.8% and a reversionary yield of 6.4% (based upon costs of 5.7625%).
•Current income of £82,651 per annum exclusive and an estimated rental value of £91,665 per annum exclusive.
•Nearby retailers include Currys, Boots, Woolworths and WH Smith.
•Development potential of the garages to the rear of the property subject to obtaining planning consent.