This fully let, four-storey mixed-use parade comprises four retail units, with four residential flats above, generating a current income of £159,044 per annum. The commercial element also offers an attractive 8.34-year WAULT.
And the location is only getting stronger. The transformation of Olympia will bring new offices, hotels, restaurants, cultural and entertainment venues – with the wider area expected to benefit from more than £3bn of investment and regeneration.
We’ve been instructed to seek offers in excess of £2.5m, reflecting a 7.00% NIY on the commercial income, and a low capital value of £560 psf on the residential accommodation.
To find out more details and arrange a viewing, get in touch with Graham Fawcett and Patrick Kilvington.
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