Log In/Sign Up
Your email has been sent.
Prezzo 20-24 Belle Vue Ter 3,292 SF Retail Building Malvern WR14 4PZ $1,430,658 CAD ($434.59 CAD/SF)
Investment Highlights
- Income producing
- Good location
- Good frontage
Executive Summary
Long leasehold investment opportunity, the property comprises of a ground floor restaurant/bar with residential upper floors. The property is sub-let to Loungers (UK) Ltd on a 25 year effectively fully repairing and insuring lease from 05 October 2015 expiring 04 October 2040. The property is subject to 5 yearly upward only rent reviews with the next rent review due 05 October 2025. All terms relating to the 999-year lease are mirrored in the occupational lease.
The property is also available as part of a portfolio sale comprising of 9 properties with a combined income of £552,562 with opportunity to increase to £610,062 pa. The portfolio is available to purchase for £7,500,000.
The property is also available as part of a portfolio sale comprising of 9 properties with a combined income of £552,562 with opportunity to increase to £610,062 pa. The portfolio is available to purchase for £7,500,000.
Property Facts Sale Pending
Sale Type
Investment
Property Type
Retail
Tenure
Long Leasehold
Property Subtype
Restaurant
Building Size
3,292 SF
Building Class
C
Year Built
1905
Price
$1,430,658 CAD
Price Per SF
$434.59 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.31
Lot Size
0.24 AC
Frontage
32’ on Bellevue Terrace
1 1
Nearby Major Retailers
1 of 7
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Prezzo | 20-24 Belle Vue Ter
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.