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Property features
- Let to 'Tesco Stores Ltd' on a 20 year lease from November 2012
- Passing rent is £62,677 pa (equal to a low £14.06 per sqft)
- Located in a prime position on Blackheath Road (A2)
- Guide Price: £1,100,000 virtual freehold
- Gross Initial Yield of 5.69% and Capital Value of £246.75
Property description
The opportunity to acquire a secure retail investment let to Tesco on Blackheath Road (A2). The property is let on a 20 year lease from November 2012 with a current passing rent is £62,677pa which is low at £14.06 per sqft. At the guide price of £1,100,000 the capital is also low at £246.75 per sqft.
Property info
For more information about this property, please contact
Acorn - Bromley Commercial, BR2 on +44 20 8115 7729 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Acorn - Bromley Commercial, and do not constitute property particulars. Please contact Acorn - Bromley Commercial for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.
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