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105-107 West Rd 1,800 SF Retail Building Southend On Sea SS3 9DT $1,955,261 CAD ($1,086.26 CAD/SF) 9.33% Cap Rate
INVESTMENT HIGHLIGHTS
- Retail (A1)
- Investment
EXECUTIVE SUMMARY
A freehold, double fronted, terraced building situated on a popular shopping parade.
The property is offered for freehold sale, subject to an asking price of £1,050,000. (plus VAT if applicable).
The ground floor retail unit is currently occupied on a 5 year lease producing £20,000 per annum. The apartments currently produce £78,000 per annum.
The property is offered for freehold sale, subject to an asking price of £1,050,000. (plus VAT if applicable).
The ground floor retail unit is currently occupied on a 5 year lease producing £20,000 per annum. The apartments currently produce £78,000 per annum.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
1,800 SF
Building Class
C
Year Built
1968
Price
$1,955,261 CAD
Price Per SF
$1,086.26 CAD
Cap Rate
9.33%
NOI
$182,491 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.83
Lot Size
0.05 AC
Frontage
48’ on West Road
AMENITIES
- Signage
- Energy Performance Rating - B
- Automatic Blinds
- Storage Space
1 1
NEARBY MAJOR RETAILERS
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105-107 West Rd
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