Investment

Metro Centre, Brixton, London, SW9

A RARE CONVENIENCE FOOD ANCHORED PRIME LONDON ASSET

  • Iconic Zone 2 London location in 100% prime position
  • Adjacent to Brixton Underground Station (12th busiest in London with 30m passengers a year)
  • 93% of the income secured to covenants with 5A 1 or 5A 2 D&B Ratings
  • A total income of £1,232,000 per annum
  • Excellent reversionary prospects
  • WAULT of approximately 6.20 years to expiry (5.85 to break)
  • Future development potential, subject to consents

We are instructed to seek offers in excess of £25,600,000 subject to contract and exclusive of VAT. A purchase at this level reflects a Net Initial Yield of 4.50% after purchaser’s costs of 6.76%.

For further information please contact agents: