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15-16 The Strand 5,537 SF 100% Leased Retail Building Torquay TQ1 2HS $2,789,869 CAD ($503.86 CAD/SF) 8% Cap Rate
INVESTMENT HIGHLIGHTS
- Market Opportunity
- Prominent, Prime Long-Let Leisure Investment – Highly Attractive Waterfront Location
- Torquay is a seaside town in Devon located in the district of Torbay, approximately 35 km (22 miles) south of Exeter
EXECUTIVE SUMMARY
15-16 The Strand | Torquay | TQ1 2AA
£1,500,000, Subject to contract - 8.0% NIY
£1,500,000, Subject to contract - 8.0% NIY
PROPERTY FACTS Under Contract
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Restaurant
Building Size
5,537 SF
Building Class
B
Year Built
1900
Price
$2,789,869 CAD
Price Per SF
$503.86 CAD
Cap Rate
8%
NOI
$223,189 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.12
Lot Size
0.06 AC
Frontage
40’ on Torwood St
AMENITIES
- 24 Hour Access
- Bus Line
- Commuter Rail
- Storage Space
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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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15-16 The Strand
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