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Banning St - Block 5 River Gardens
775 SF Medical Condo Unit Offered at $551,197 CAD in London SE10 0NA
Property Facts
1 Unit Available
Unit 7
Unit Size | 775 SF | Sale Type | Investment |
Price | $551,197 CAD | Tenure | Long Leasehold |
Price Per SF | $711.22 CAD | Cap Rate | 5.89% |
Condo Use | Medical | NOI | $32,465.48 CAD |
Unit Size | 775 SF |
Price | $551,197 CAD |
Price Per SF | $711.22 CAD |
Condo Use | Medical |
Sale Type | Investment |
Tenure | Long Leasehold |
Cap Rate | 5.89% |
NOI | $32,465.48 CAD |
Description
Newly constricted ground floor unit, with extensive river views, which is in the process of being fitted into a private dentist’s practice. The unit has access to a commercial bin store with fob access, and cycle parking spaces within a short walk of the premises. Extraction may be installed in the unit subject to all necessary consents.
Sale Notes
Dental practice investment, unbroken 15-year FRI lease with RPI linked rent reviews (capped at 8%, collared at 2%). Good deposit held and personal guarantees.
Amenities
- Wi-Fi
- Air Conditioning
Presented by
Banning St - Block 5 River Gardens
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