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10 Market Sq 1,070 SF Retail Building Penrith CA11 7BY $310,014 CAD ($289.73 CAD/SF)
Investment Highlights
- Ground floor shop with banking counter, ATM and office
- Emergency exit/potential self contained access to upper floors
- Adjacent Angel Lane and Angel Square Shopping Centre
- Office/interview, staff, kitchen and welfare facilities across 1st and 2nd floors
- Well presented and in good order throughout with all parts in use by tenant
Executive Summary
The property is freehold subject to a 5 year lease from 8 October 2024 on full repairing and insuring terms at a passing rent of £12,600 per annum which is not subject to review. The tenant has a break option at 7 October 2027 on 6 month’s prior written notice. The current permitted use is office and retail.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Building Size
1,070 SF
Building Class
B
Year Built
1890
Price
$310,014 CAD
Price Per SF
$289.73 CAD
Tenancy
Single
Building Height
3 Stories
Building FAR
1.83
Lot Size
0.01 AC
Frontage
16’ on Market Square
Amenities
- Storage Space
- Smoke Detector
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Nearby Major Retailers
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10 Market Sq
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