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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.

Attachments

LM-Wembley-Final

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

Nearby Major Retailers

Chaiiwala
Costa Coffee
HSBC
Iceland
The Gym Group
National Westminster Bank Plc
Santander
Pure Gym
Nando's
Saravana Bhavan
  • Listing ID: 34562834

  • Date on Market: 2025-01-22

  • Last Updated:

  • Address: 492-500 High Rd, Wembley HA9 7BH

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