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13 New Canal 3,444 SF 46% Leased Retail Building Salisbury SP1 2AA $1,035,473 CAD ($300.66 CAD/SF)
Investment Highlights
- Prominent trading position on New Canal, Salisbury
- Potential for residential conversion of upper floors, subject to planning
- Freehold city centre property
Executive Summary
The property comprises a prominent three-storey mixed-use building located on New Canal in Salisbury city centre. The ground floor provides a vacant Class E commercial unit extending to approximately 2,091 sq ft, while the upper floors are occupied under an existing tenancy. The asset offers significant value-add potential through the possible conversion of the upper floors into residential accommodation, subject to planning consent. The opportunity is suited to investors, developers and owner-occupiers seeking a well-positioned city centre property with development potential.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Office
Building Size
3,444 SF
Building Class
C
Year Built
1910
Price
$1,035,473 CAD
Price Per SF
$300.66 CAD
Percent Leased
46%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.29
Lot Size
0.06 AC
Frontage
38’ on New Canal
Amenities
- Bus Line
Space Availability
- Space
- Size
- Space Use
- Position
- Available
The space has gross frontage of 28 feet 5 inches onto New Canal. The lease will have 5 year upward only rent reviews.
| Space | Size | Space Use | Position | Available |
| Ground | 1,681 SF | Restaurant | In-Line | Now |
Ground
| Size |
| 1,681 SF |
| Space Use |
| Restaurant |
| Position |
| In-Line |
| Available |
| Now |
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Ground
| Size | 1,681 SF |
| Space Use | Restaurant |
| Position | In-Line |
| Available | Now |
The space has gross frontage of 28 feet 5 inches onto New Canal. The lease will have 5 year upward only rent reviews.
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Nearby Major Retailers
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Presented by
13 New Canal
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