Lily House, Capital Interchange Way, Kew Bridge TW8 0JA - Henshall and Partners

Lily House, Capital Interchange Way, Kew Bridge TW8 0JA

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Acquired

Commercial

£190,000 (9.2% & £226psf)

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Key Details

Status

Recent Transactions

Type

Commercial

Overview

RETAIL INVESTMENT – FULLY LET TO JONES LANG LASALLE (JLL)

Property: Newly developed retail unit with attractive frontage
Tenure: Long leasehold (241-years unexpired)
Size: 840 sq ft
Use Class: Class-E (Commercial, Business & Service) including retail & professional services
Tenancy: Unit let to Jones Lang Lasalle (JLL) on 15-year term, expiring on 27/10/2038
Rent: £17,500 per annum (£21psf)
Rent Review: 5-yearly rent reviews linked to CPI, with no cap or collar
Price: £190,000 (9.2% Gross Yield & £226psf)

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