Monck St - Storefront Retail/Residential CONDO FOR SALE


London, LND SW1P 2BQ
$900,000 USD
203-872-2169
Monck St, London, LND for Sale
$900,000 USD
Storefront Retail/Residential CONDO - FOR SALE
1/6
null | 6% Cap Rate

Monck St
London, LND SW1P 2BQ


HIGHLIGHTS

  • Close to St James' Park, Westminster, Pimlico & Victoria Station
  • Good road connections
  • Amenities nearby

OVERVIEW

The property is let to Step By Me CIC on a new IRI lease for a term of 10 years from July 2023. The property is held on Long Leasehold for a term of 999 years from November 2015 at a fixed peppercorn ground rent Passing rent of £56,000 + VAT per annum Offers sought in excess of £900,000, reflecting a NIY of 6%, after purchasers costs of 3.4% and a capital value £812 per sq ft

FOR SALE DETAILS

PRICE

$900,000 USD

PRICE/SF

$812 USD /SF

CAP RATE

6%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Westminster Quarter

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

37,730 SF

STORIES

6

BUILDING CLASS

B

YEAR BUILT

2017

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.36 AC

LAND SF

15,682 SF

ZONING

-

APN/PARCEL ID

NGL304977,NGL691466

ASK ABOUT THIS PROPERTY

David RaymondAscent Real EstateMore Info
203-872-2169

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David RaymondAscent Real EstateMore Info
203-872-2169

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.