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INVESTMENT HIGHLIGHTS
- High Yielding Retail Investment
- Lease Expires 26.05.2028
- Prominent Corner Pitch
- Investment let at £6,000 p.a. (30% GIY on Guide Price)
- Let on New Three Year Lease
- 319 sq ft (29.65 sq m)
- Established and Popular Location
EXECUTIVE SUMMARY
Lot 119A is available for sale at Savills' to be held on 2nd July 2025
The property comprises a Long Leasehold investment.
The asking price is £20,000
The property comprises a vacant retail unit forming part of a popular local parade. Arranged across ground floor only, and benefitting from a prominent corner position with return frontage; the property provides 319 sq ft (29.65 sq m) of accommodation and is let to a private individual t/a All Things African on a new three year lease expiring 26.05.2028 and paying £6,000 per annum. The property forms part of a popular local retail parade which comprises the principal local amenity for the surrounding residential area.
The property comprises a Long Leasehold investment.
The asking price is £20,000
The property comprises a vacant retail unit forming part of a popular local parade. Arranged across ground floor only, and benefitting from a prominent corner position with return frontage; the property provides 319 sq ft (29.65 sq m) of accommodation and is let to a private individual t/a All Things African on a new three year lease expiring 26.05.2028 and paying £6,000 per annum. The property forms part of a popular local retail parade which comprises the principal local amenity for the surrounding residential area.
PROPERTY FACTS Under Contract
Sale Type
Investment or Owner User
Sale Condition
Auction Sale
Property Type
Retail
Tenure
Long Leasehold
Property Subtype
Storefront
Building Size
319 SF
Building Class
C
Year Built
1970
Price
$36,917 CAD
Price Per SF
$115.73 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.37
Lot Size
0.02 AC
Frontage
56’ on Borough Road
AMENITIES
- Storage Space
1 1
NEARBY MAJOR RETAILERS
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
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150 Borough rd
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