82 London Rd
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82 London Rd
3,753 SF Retail Building Blackwater GU17 0AE $1,849,242 CAD ($493 CAD/SF) 6.33% Cap Rate
Investment Highlights
- Heavy Day Time Foot Fall
- Direct train services from Blackwater include to Gatwick airport with an approximate journey time of 1 hour.
- Located on the A30 a busy arterial route with easy access for local commuters
Executive Summary
The property is let to Tesco Stores Ltd for a term of 20 years from 1 February 2012 at a current rent of £64,366 per annum.
A further £250 per annum is receivable from the residential ground rent on the upper parts.
A further £250 per annum is receivable from the residential ground rent on the upper parts.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
3,753 SF
Building Class
B
Year Built
1868
Price
$1,849,242 CAD
Price Per SF
$493 CAD
Cap Rate
6.33%
NOI
$117,057 CAD
Tenancy
Single
Building Height
2 Stories
Parking
16 Spaces (4.26 Spaces per 1,000 SF Leased)
Frontage
86 ft on London Rd
Amenities
- Bus Line
- Dedicated Turn Lane
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Nearby Major Retailers
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82 London Rd
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