PROPERTIES

19 Borough High Street, London SE1 9SE

Price£4,000,000

PDF DETAILS

19 Borough High Street, London SE1 9SE

  • Price£4,000,000
  • Income£260,968
  • Yield6.50%
  • SectorHigh Street Retail
  • StatusAvailable
PDF DETAILS

Rare opportunity to acquire an attractive building in a strategic location in the heart of Borough.

Summary

  • Rare opportunity to acquire an attractive building in a strategic location in the heart of Borough.
  • Prime location across the road from the entrance of Borough Market, one of London’s busiest tourist attractions.
  • Freehold
  • Recently refurbished building comprising restaurant on ground floor and 3 storeys of offices above.
  • The property is fully let providing an overall rent of £260,968 pa.
  • Situated 100 meters from London Bridge Tube Station.
  • We are instructed to seek offers in excess of £4,000,000 (Four Million Pounds), subject to contract and exclusive of VAT
  • A purchase at this level reflects an attractive Net Initial Yield of 6.50% on the restaurant and £1,100 psf on the office space.