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Executive Summary
Situated on an incredibly popular pitch - North Street. The investment property is available freehold. The occupational lease is dated 2021 to Countrywide Estate Agents and runs for a term of 10 years. There is a tenant break at the end of year 5 and the passing rent is £7,000 per annum. There is scope for further uplift at the next open market review, later this year. The property comprises a ground floor retail unit, let to Taylors Estate Agents. The ground floor is interconnected with 14 North Street which is held under separate ownership and does not form part of the property for sale. To the rear is a one bed bedsit equipped with a kitchenette and shower room.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold/Long Leasehold
Property Subtype
Storefront
Building Size
1,594 SF
Building Class
B
Year Built
1923
Price
$323,957 CAD
Price Per SF
$203.24 CAD
Percent Leased
100%
Building Height
2 Stories
Frontage
44’ on North St
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Real Estate
- 1,594 SF
- -
- -
Since 1973 they have been the trusted agent of choice for customers looking for property advice and services throughout the Central, West Country and South Wales regions of the UK for over 50 years. Their award-winning teams have many years’ experience and expert local knowledge. With a full range of services, they are dedicated to helping you every step of the way along your property journey.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
Real Estate | 1,594 SF | - | - |
1 1
Nearby Major Retailers
1 of 4
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14-16 North St
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