PROPERTIES

Simply Gym, 70 High Street, Uxbridge UB8 1JR

Price£2.124M

PDF DETAILS

Simply Gym, 70 High Street, Uxbridge UB8 1JR

  • Price£2.124M
  • Income£226,804
  • SectorLeisure
  • StatusAvailable
PDF DETAILS

Attractive High Yielding Gym Investment

Summary

  • Uxbridge is located in west London within the borough of Hillingdon, the second largest borough in London.
  • The property is prominently situated adjacent to the Atrium Building and sits within a five minute walk from Uxbridge Underground Station.
  • The accommodation is provided over basement, ground, and first floors totalling 20,681 sq ft GI
  • Let to Simply Leisure Limited
  • £226,804.18 pa (based on settlement of outstanding rent review)
  • Long leasehold interest of 99 years expiring 23 June 2089 (approx. 66 years remaining), with an option to extend to 23 June 2131 (108 years remaining).
  • Seeking offers in excess of £2.124M subject to contract and exclusive of VAT. Net initial yield of 10% (based on settlement of the outstanding rent review).