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2 Shore Rd 4,321 SF Retail Building Wick KW1 4NT $464,978 CAD ($107.61 CAD/SF)
INVESTMENT HIGHLIGHTS
- Lease Start - 27/09/2019.
- Passing Rent - £39,000 per annum inclusive of VAT.
- On the instruction of Ali & Sons Holding Limited.
- Lease Expiry - 27/09/2024.
- Let to North Wick Restaurant Ltd t/a The Spice Tandoori Restaurant.
EXECUTIVE SUMMARY
Located on the north side of The Shore within the Harbour area of Wick close to the town centre. This area is linked closely to the town centre by two key bridges across Wick River. The subjects comprise a 2 storey detached commercial unit which is currently used as a restaurant.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Restaurant
Building Size
4,321 SF
Building Class
B
Year Built
1980
Price
$464,978 CAD
Price Per SF
$107.61 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
1.80
Lot Size
0.06 AC
Frontage
82’ on The Shore
AMENITIES
- Storage Space
- Monument Signage
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NEARBY MAJOR RETAILERS
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2 Shore Rd
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