Different purpose in London

€ 2,861,961

Beschreibung

Freehold investment property in the heart of the shopping area in Central Croydon, which is the largest area of London and one of the most important financial centers of South-West England.


On average, buyers here spend about 1.5 billion pounds a year. The distinctive feature of this investment is that the object is located between two shopping centers, on the territory, where the planned project on renovation with a budget of 1 billion pounds.

The total area of the building is 528,7 m2 and is distributed on 3 floors.

Currently the building is leased to the company Pizza Hut (UK), a very successful chain of restaurants, contract until September 2024. Rent is £200,000 a year. Under the contract, the rent may be revised in 2014 and 2019 only increase.

The freehold property

Price £2,360,000 at a net yield of 8% per annum
CR0


Property details


Standort

London

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