28 The Market Place, Falloden Way, London | Property for sale | Savills
Guide price £50,000(₹ 52,69,631)

28 The Market PlaceFalloden Way, London

  • New
  • Sole agency
  • Leasehold
Investment
Yield 37%Yield

Key features

  • High Yielding Retail Investment
  • Let to Long Standing Local Tenant
  • Lease Expires 21/06/2030
  • In Occupation for 10+ Years
  • Producing £18,600 per annum
  • Asset Management Potential
  • Established and Popular Location
  • Guide Price Reflects 37.2% Gross Yield

Retail Unit Let to Established Tenant on a Lease Expiring 21/06/2030 and Paying £18,600 per annum Asset Management Potential Via Upcoming Rent Review

About this property

  • The property comprises a high yielding retail investment opportunity with a prominent frontage to a high footfall arterial route. Arranged across ground floor only, the property is let to a private individual trading as The Rose Household Store, an established local business that has been in occupation for over 10 years. The lease is for a term of years expiring 23/06/2030 and paying £18,600 per annum. The property offers evident asset management potential via the upcoming rent review due in July 2024. Situated with a prominent frontage to the high footfall Falloden Way, the area is categorised by a mix of local and national occupiers.

Additional information

  • Tenure: Leasehold - Approximately Six Years Unexpired - Please Consult the Legal Pack