492-500 High Rd
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492-500 High Rd
29,069 SF 100% Leased Retail Building Wembley HA9 7BH $12,408,105 CAD ($427 CAD/SF) 7.05% Cap Rate
Investment Highlights
- Prominent Location
- High Footfall
- Great Transport Links
Executive Summary
Seeking offers in the region of £7,000,000 (Seven Million Pounds), subject to contract and exclusive of VAT. This reflects a net initial yield of 7.05%, after allowing for purchaser’s costs of 6.39%. Any rent- free periods will be topped up by the vendor on completion.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Long Leasehold
Property Subtype
Storefront Retail/Residential
Building Size
29,069 SF
Building Class
C
Year Built
1935
Price
$12,408,105 CAD
Price Per SF
$427 CAD
Cap Rate
7.05%
NOI
$874,771 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Building FAR
0.82
Lot Size
0.81 AC
Amenities
- Security System
- Energy Performance Rating - C
- Energy Performance Rating - D
- Storage Space
- Air Conditioning
1 of 1
Nearby Major Retailers
1 of 4
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492-500 High Rd
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