Your email has been sent.
109 The St 698 SF Retail Condo Unit Offered at $390,582 CAD in Leatherhead KT22 9RD
INVESTMENT HIGHLIGHTS
- The Street comprises a local retail parade within an affluent residential area
- Fetcham is a suburban villlage in Surrey 1.4 miles west of Leatherhead
- The retail offering includes Sainsbury’s Local, Boots Pharmacy and a range of regional and independent occupiers
EXECUTIVE SUMMARY
The Street comprises a local retail parade within an affluent residential area. The retail offering includes Sainsbury’s Local, Boots Pharmacy and a range of regional and independent occupiers.
PROPERTY FACTS
| Total Building Size | 720 SF | Typical Floor Size | 349 SF |
| Property Type | Retail (Condo) | Year Built | 1981 |
| Building Class | C | Tenancy | Single |
| Floors | 2 | Lot Size | 0.02 AC |
| Total Building Size | 720 SF |
| Property Type | Retail (Condo) |
| Building Class | C |
| Floors | 2 |
| Typical Floor Size | 349 SF |
| Year Built | 1981 |
| Tenancy | Single |
| Lot Size | 0.02 AC |
AMENITIES
- Smoke Detector
1 UNIT AVAILABLE
Unit 109
| Unit Size | 698 SF | Sale Type | Investment |
| Price | $390,582 CAD | Tenure | Freehold |
| Price Per SF | $559.57 CAD | Cap Rate | 8.33% |
| Condo Use | Retail | NOI | $32,542.89 CAD |
| Unit Size | 698 SF |
| Price | $390,582 CAD |
| Price Per SF | $559.57 CAD |
| Condo Use | Retail |
| Sale Type | Investment |
| Tenure | Freehold |
| Cap Rate | 8.33% |
| NOI | $32,542.89 CAD |
DESCRIPTION
The property is a mid-terrace two-storey building within a retail parade. The first floor is a residential flat which has been “sold off” on a long lease.
SALE NOTES
Freehold retail investment offers in the excess of £210,000.
The ground floor is let to a private individual on a 10 year lease, inside the Landlord & Tenant Act 1954, from 02/05/2022 at a rent of £17,247 per annum. There is a rent review 02/05/2027.
The first floor is “sold off” on a lease of 125 years from 2015 and currently produces £250 pa, next rent increase is 2040.
109 High Street img 1
109 High Street img 2
NEARBY MAJOR RETAILERS
Presented by
109 The St
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.