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: