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10 Congleton Rd 6,370 SF 100% Leased Retail Building Sandbach CW11 1HJ $1,657,652 CAD ($260.23 CAD/SF) 7.51% Cap Rate
Investment Highlights
- Strong commuter population due to excellent transport links
- The property occupies a highly prominent position on Congleton Road
- Opposite the town’s main public car park
Executive Summary
Comprising 4 Ground Floor Retail Units. Total Current Income: £70,700 pa. Fully Let Potential Income: £75,000 pa. Strong Covenant from Boots Opticians.
Shop 1 Andrew Carter Jewellers Ltd 17.09.2029 £15,000 pa
Shop 2 Mrs D L Preston t/a Headlines Hair Studio 25.03.2011 (Holding Over) £10,700 pa (See Note 1)
Shop 3 Mrs Binh Thi Thu Bui 23.06.2033 £15,000 pa
Shop 4 Boots Opticians Professional Services Ltd 02.07.2029 £15,000 pa
Offices A/B Sandbach Music Ltd 27.06.2029 £15,000 pa
Total current income £70,700 pa
Total potential income (post Shop 2 renewal) £75,000 pa
Shop 1 Andrew Carter Jewellers Ltd 17.09.2029 £15,000 pa
Shop 2 Mrs D L Preston t/a Headlines Hair Studio 25.03.2011 (Holding Over) £10,700 pa (See Note 1)
Shop 3 Mrs Binh Thi Thu Bui 23.06.2033 £15,000 pa
Shop 4 Boots Opticians Professional Services Ltd 02.07.2029 £15,000 pa
Offices A/B Sandbach Music Ltd 27.06.2029 £15,000 pa
Total current income £70,700 pa
Total potential income (post Shop 2 renewal) £75,000 pa
Property Facts Sale Pending
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Office
Building Size
6,370 SF
Building Class
B
Year Built
1980
Price
$1,657,652 CAD
Price Per SF
$260.23 CAD
Cap Rate
7.51%
NOI
$124,490 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.18
Lot Size
0.80 AC
Frontage
78’ on Congleton Road
Amenities
- 24 Hour Access
- Security System
- Signage
- Storage Space
1 1
Nearby Major Retailers
1 of 4
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
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10 Congleton Rd
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