Hickman Avenue, Highams Park E4 - Henshall and Partners

Hickman Avenue, Highams Park E4

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Sold

£290,000 (6.9%)

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Key Details

Status

Recent Transactions

Type

Commercial

Overview

Highly sought after long-leasehold, commercial investment sold to private investor on a new 225-year lease
Investment located just 0.2 miles from Highams Park overground station
Unit was constructed by Fairview New Homes measuring c.1,009sqft and benefits from 2 gated car parking spaces
New lease agreed with Natural Progression Ltd, who will be operating a fitness studio and juice bar
Tenant paying £20,000pax in Y1, rising to £22,000pax in Y3 on a 10-year term
A sale was agreed for £290,000 representing a 6.9% NIY

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