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1305 London Rd 1,850 SF Retail Building Leigh On Sea SS9 2AD $1,115,430 CAD ($602.94 CAD/SF) 6.76% Cap Rate
INVESTMENT HIGHLIGHTS
- Prominent location
- Individually rented flats on AST's
- Investment opportunity
EXECUTIVE SUMMARY
A modern new built property consisting of a retail unit trading as fast food takeaway and 3 self-contained flats accessed from an independent street entrance.
Situated along London Road, which is one of the main thoroughfares running through Leigh-on-Sea, nearby retailers include Waitrose, Sainsburys and a variety of other successful businesses. Leigh-on-Sea is a charming coastal town situated along the Thames Estuary, known for its picturesque old town, sandy beaches, and vibrant arts scene. It's part of the larger Borough of Southend-on-Sea.
Situated along London Road, which is one of the main thoroughfares running through Leigh-on-Sea, nearby retailers include Waitrose, Sainsburys and a variety of other successful businesses. Leigh-on-Sea is a charming coastal town situated along the Thames Estuary, known for its picturesque old town, sandy beaches, and vibrant arts scene. It's part of the larger Borough of Southend-on-Sea.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
1,850 SF
Building Class
B
Year Built
1960
Price
$1,115,430 CAD
Price Per SF
$602.94 CAD
Cap Rate
6.76%
NOI
$75,417 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.42
Lot Size
0.10 AC
Frontage
19’ on London Road
AMENITIES
- Storage Space
1 1
NEARBY MAJOR RETAILERS
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1305 London Rd
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