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13 Nightingales Corner 988 SF Retail Building Amersham HP7 9PZ $976,454 CAD ($988.31 CAD/SF) 5.47% Cap Rate
INVESTMENT HIGHLIGHTS
- Prominent position within a well-established retail parade
- Heavy daytime foot traffic
- Close to local amenities
EXECUTIVE SUMMARY
The property is leased for 20 years from 23rd February 2018 at a current passing rent of £30,000 with the rent review from 2023 unexercised. The lease is on a Full Repairing and Insuring basis within the Security of Tenure Provisions of the Landlord & Tenant Act 1954.
Ground floor restaurant with residential flat over two floors above.
Ground floor restaurant with residential flat over two floors above.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
988 SF
Building Class
B
Year Built
1965
Price
$976,454 CAD
Price Per SF
$988.31 CAD
Cap Rate
5.47%
NOI
$53,412 CAD
Tenancy
Single
Building Height
3 Stories
Building FAR
1.82
Lot Size
0.01 AC
Parking
2 Spaces (2.02 Spaces per 1,000 SF Leased)
Frontage
16’ on Cokes Lane
AMENITIES
- Dedicated Turn Lane
- Signage
- Energy Performance Rating - D
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NEARBY MAJOR RETAILERS
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13 Nightingales Corner
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