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10-26 Market Sq 12,286 SF 100% Leased Retail Building South Woodham Ferrers CM3 5XA $1,824,151 CAD ($148.47 CAD/SF) 11.90% Cap Rate
Investment Highlights
- Retail & Office Investment
- Retirement Sale
- Town Centre Location
- Well Maintained Throughout
- Fully Let Income Producing Investment
Executive Summary
The property was built circa 1991 of steel frame construction offering versatile accommodation and long-term income. The building is held on a long lease from SW Investments Limited (Formerly owned by the local borough) ta a ground rent of £29,750 (last review 2021). Guide price is £1,000,000.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Long Leasehold
Property Subtype
Storefront Retail/Office
Building Size
12,286 SF
Building Class
B
Year Built
1991
Price
$1,824,151 CAD
Price Per SF
$148.47 CAD
Cap Rate
11.90%
NOI
$217,074 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.55
Lot Size
0.51 AC
Amenities
- Accent Lighting
- Air Conditioning
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Nearby Major Retailers
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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10-26 Market Sq
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