1-5 Hinton Rd | London SE24 0HJ
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1-5 Hinton Rd
London SE24 0HJ
Office Property For Sale
Investment Highlights
- Extremely well connected with Loughborough Junction Station
- Located in one of London’s largest regeneration areas which includes Brixton Academy, Brixton Market, Electric Avenue and Pop Brixton
- Let in its entirety to the NHS (King’s College Hospital NHS Foundation Trust
Executive Summary
We are seeking offers in excess of £5.25M (Five Million Two Hundred and Fifty Thousand Pounds) subject to contract and exclusive of VAT for our client’s freehold interest in the above. A purchase at this level shows a net initial yield of 5% and a guaranteed reversionary yield between 5.50% and 6% at the 2027 review, after allowance for unadjusted purchaser’s costs of 6.8%
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Building Size
14,531 SF
Building Class
B
Year Built/Renovated
1931/2020
Price
$9,462,937 CAD
Price Per SF
$651 CAD
Cap Rate
5%
NOI
$473,147 CAD
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
7,266 SF
Building FAR
2.00
Lot Size
0.17 AC
Amenities
- Air Conditioning
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