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1-9B George St 9,251 SF Retail Building Clitheroe BB7 9TH $6,840,565 CAD ($739.44 CAD/SF) 4.50% Cap Rate
Investment Highlights
- Great location
- Signage
- Public transport access
Executive Summary
Offers in excess of £3,750,000 for the freehold interest, STC. A purchase at this level reflects the following investment profile NIY of 4.5% and reversionary yield of 8.31%. This is after a 7.27% purchasers costs.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
9,251 SF
Building Class
C
Year Built
1890
Price
$6,840,565 CAD
Price Per SF
$739.44 CAD
Cap Rate
4.50%
NOI
$307,825 CAD
Tenancy
Single
Building Height
3 Stories
Building FAR
0.80
Lot Size
0.26 AC
Frontage
131’ on George Street
Amenities
- Storage Space
1 1
Nearby Major Retailers
1 of 10
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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1-9B George St
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