Investment Property-Restaurant and 3 flats in CITY OF LONDON Central London

  • Price: £2,900,000
London, England
For Sale

Investment Property-Restaurant and 3 flats in CITY OF LONDON Central London

London, England
  • Price: £2,900,000

Description

Nationwide welcomes to the market this FREEHOLD INVESTMENT PROPERTY (Restaurant and 3 Apartments). Situated in a Parade, excellent main road trading position, residential, office and commercial area, CENTRAL LONDON.

RENTAL YIELD £111,600 PER ANNUM

DOUBLE FRONTED RESTAURANT PREMISES in the region of 800 ft² WITH ELECTRIC SHUTTERS with Basement in the region of 350 ft²

The restaurant is let on a full repairing and insuring lease which was granted for 25 years in 2020 with reviews every 5 years (next review 2025) at current rent of £30,000 p.a.

THE VALUABLE FREEHOLD INVESTMENT PROPERTY £2,900,000
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT. (Our brokers can lend up to 50% on a leasehold or 75% on a freehold purchase, subject to status, please contact us for a free quote)

Request Details to see Additional Information e.g. Opening Hours, Staffing and Tenure. Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.Freehold : £2,900,000 (M5585)

www.NationwideBusinesses.co.uk

Is accommodation included:
Yes
Accommodation details:
1 bed Apartment
Longe/Kitchen, Shower room with W.C. & Sink
Let on a shorthold tenancy for £2,500 pcm

2 bed Apartment (one en suite)
Longe/Kitchen, Shower room with W.C. & Sink
Let on a shorthold tenancy for £2,350 pcm

Top Floor 1 bed Apartment
Longe/Kitchen, Shower room with W.C. & Sink
Let on a shorthold tenancy for £1,950 pcm
Is stock included:
NA

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