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Nova Portfolio 3 Retail Properties Offered at $6,139,994 CAD in Multiple Locations
Investment Highlights
- Co-op, Iceland, J D Wetherspoon, Savers and Card Factory account for 80% of the total income
- J D Wetherspoon unit let until 2042, with fixed rental uplifts
- Total rent passing £308,250 per annum
Executive Summary
Two established neighbourhood retail assets in Whittlesey (Cambridgeshire) and Leyland (Lancashire). Majority let to national tenants including Co-operative
Group Food, Iceland Foods, J D Wetherspoon, Savers and Card Factory. Asset management opportunities including leasing vacant unit, regears and rent reviews
Group Food, Iceland Foods, J D Wetherspoon, Savers and Card Factory. Asset management opportunities including leasing vacant unit, regears and rent reviews
Property Facts
| Price | $6,139,994 CAD | Number of Properties | 3 |
| Price / SF | $194.69 CAD / SF | Individually For Sale | 0 |
| Cap Rate | 8.75% | Total Building Size | 31,538 SF |
| Sale Type | Investment | Total Land Area | 0.39 AC |
| Status | Active |
| Price | $6,139,994 CAD |
| Price / SF | $194.69 CAD / SF |
| Cap Rate | 8.75% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 31,538 SF |
| Total Land Area | 0.39 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Causeway Centre
763 Blunts Ln, Whittlesey PE7 1AW |
Retail | 9,411 SF | 1968 | - |
|
The Causeway Centre
1-4 High Causeway, Whittlesey PE7 1AU |
Retail | 6,998 SF | 1964 | - |
| 44-58 Hough Ln, Leyland PR25 2SA | Retail | 15,129 SF | 1961 | - |
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