Jasmine House, Capital Interchange Way, Kew Bridge TW8 0SP

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Acquired
Commercial
£220,000 (9% & £205psf)
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Key Details

Status
Recent Transactions
Type
Commercial

Overview

RETAIL INVESTMENT – FULLY LET TO ARISTA COFFEE

  • Property: Newly developed retail unit with attractive frontage
  • Tenure: Long leasehold (241-years unexpired)
  • Size: 1,075 sq ft
  • Use Class: Class-E (Commercial, Business & Service) including retail
  • Tenancy: Unit let to Aritsa Limited on a 15-year term, expiring 21/06/2039
  • Rent:  £20,000 per annum (£19psf)
  • Rent Review: 5-yearly rent reviews linked to CPI, with no cap or collar
  • Price: £220,000 (9% Gross Yield & £205 psf)

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