Charlotte Terrace
Sector: Road • Location: London, England, United Kingdom
Source: Financial Conduct Authority (FCA)
Freehold acquisition of Charlotte Terrace, a mixed-use property on Hammersmith Road, London, comprising 28,500 sq ft office and 4,400 sq ft retail space over five floors. Grade II listed with no business rates on void units. Current annual rental income is £0.5 million, expected to rise to over £1.1 million when fully let. Purchase price was £13.7 million reflecting a net initial yield of 3.3%, ri
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Participants
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Status
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Taiyo last update | 00-00-0000 |
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Contact
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Description
Description | Freehold acquisition of Charlotte Terrace, a mixed-use property on Hammersmith Road, London, comprising 28,500 sq ft office and 4,400 sq ft retail space over five floors. Grade II listed with no business rates on void units. Current annual rental income is £0.5 million, expected to rise to over £1.1 million when fully let. Purchase price was £13.7 million reflecting a net initial yield of 3.3%, rising to over 8% fully let. Located near the £1 billion Olympia redevelopment. |
Original sub-sector | Obfuscated |
Original Currency | USD |
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Procurement method | Obfuscated Data |
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Location
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Source
Source reliability | High |
Data quality score | 100% |
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URL | obfuscated_data,obfuscateddata.com |
More Details
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