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18 Institute Rd 2,017 SF Retail Building Marlow SL7 1BN $1,245,796 CAD ($617.65 CAD/SF)
Investment Highlights
- High Quality Dental Practice Tenant
- Rent Growth Potential
- Walking Distance of High Street
Executive Summary
The property is located in close proximity to the town centre, next to the pay & display car park. The property is modern in appearance and benefits from 3 allocated car parking spaces to the front. To the first floor there are two flats, which are not included within the sale and are the owners of the freehold. Internally the property is fitted as a high quality dental practice, the finish and presentation look exceptionally good.
The longlease of this investment opportunity is offered for sale, expiring 28th September 3006, (approx 980 years unexpired), paying a peppercorn ground rent. There is an underletting to a dental practice, paying an annual rental of £25,000 per annum exclusive, on a 5 year lease expiry 11th September 2029. The terms of the tenants lease are unaffected by the sale of the investment.
Offers are sought in the region of £675,000
The longlease of this investment opportunity is offered for sale, expiring 28th September 3006, (approx 980 years unexpired), paying a peppercorn ground rent. There is an underletting to a dental practice, paying an annual rental of £25,000 per annum exclusive, on a 5 year lease expiry 11th September 2029. The terms of the tenants lease are unaffected by the sale of the investment.
Offers are sought in the region of £675,000
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Long Leasehold
Property Subtype
Drug Store
Building Size
2,017 SF
Building Class
B
Year Built
1960
Price
$1,245,796 CAD
Price Per SF
$617.65 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.35
Lot Size
0.13 AC
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18 Institute Rd
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