Log In/Sign Up
Your email has been sent.
1 Waterside Centre 3,714 SF 100% Leased Office Building Londonderry BT47 6BG $831,669 CAD ($223.93 CAD/SF) 7.22% Cap Rate
Investment Highlights
- Prime investment opportunity prominently located on Glendermott Road
- The existing Tenant secured a Change of use planning permission in 2022 and in 2024 carried out their extensive and high standard fit out
- Current passing rent of £32,500 pa
Executive Summary
The subject property is let to Portman Healthcare Limited (company: 06740579), trading as Portman Dental Care for a term of 15 years expiring on 7th February 2038. The passing rent is £32,500 per annum. • The tenant has a break option in 8th February 2028 & 8th February 2033 subject to providing 6 months notice • Rent review dates 8th February 2029 and 8th February 2033 • A copy of the lease is available upon request
Property Facts
Sale Type
Investment
Property Type
Office
Tenure
Freehold/Long Leasehold
Building Size
3,714 SF
Building Class
B
Year Built
1890
Price
$831,669 CAD
Price Per SF
$223.93 CAD
Cap Rate
7.22%
NOI
$60,046 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,714 SF
Building FAR
0.37
Lot Size
0.23 AC
Amenities
- 24 Hour Access
- Wheelchair Accessible
- Storage Space
- Smoke Detector
1 1
1 of 8
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
1 Waterside Centre
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.