140 High St 5,220 SF 100% Leased Retail Building London E17 7JS $4,446,961 CAD ($851.91 CAD/SF) 7% Cap Rate

EXECUTIVE SUMMARY

New to the market is a unique opportunity to acquire a mixed-use freehold asset in one of East London's most sought-after, up-and-coming areas: Walthamstow.
The property consists of three two-bedroom residential flats, one one-bedroom residential flat, and three ground-floor commercial units, offering a strong seven percent yield. This makes it an excellent investment opportunity for long-term investors, with potential for future development to further enhance its value.

FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Net Operating Income - -

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Building Size
5,220 SF
Year Built
2001
Price
$4,446,961 CAD
Price Per SF
$851.91 CAD
Cap Rate
7%
NOI
$311,287 CAD
Percent Leased
100%
Building Height
3 Stories

NEARBY MAJOR RETAILERS

Costa Coffee
ASDA
Pret A Manger
Black Sheep Coffee
Starbucks
Lidl
NatWest
Santander
Five Guys
Nando's
  • Listing ID: 33377219

  • Date on Market: 2024-10-02

  • Last Updated:

  • Address: 140 High St, London E17 7JS