Sold
180-184 Earls Court Road, London , SW5
London - M25
dba229
Mixed Use£4,910,000
Tenure: Leasehold
Tenancy: Multi Let
Investment summary
•Initial yield of 5.25% net of purchase costs at 5.7625%.
•Situated in The Royal Borough of Kensington and Chelsea, one of London’s most affluent Boroughs.
•Prominently located on Earls Court Road within 115 metres to the north west of Earls Court underground station.
•Total area of 1,174.35 sq m (12,641 sq ft) arranged on basement and ground floors.
•Highly reversionary restaurant unit.
•Approximately 86% of the income is for in excess of 24 years term certain.
•Three effective full repairing and insuring leases producing a current rental of £272,500 per annum.