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10-26 Market Sq 12,286 SF 100% Leased Retail Building South Woodham Ferrers CM3 5XA $1,859,912 CAD ($151.38 CAD/SF) 11.90% Cap Rate

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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.

ATTACHMENTS

Brochure

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
$1,859,912 CAD
Price Per SF
$151.38 CAD
Cap Rate
11.90%
NOI
$221,330 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.55
Lot Size
0.51 AC

AMENITIES

  • Accent Lighting
  • Air Conditioning

NEARBY MAJOR RETAILERS

SPAR
Co-op
Costa Coffee
Barclays Bank
ASDA
Sainsbury's
  • Listing ID: 28248683

  • Date on Market: 2023-04-17

  • Last Updated:

  • Address: 10-26 Market Sq, South Woodham Ferrers CM3 5XA

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