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24 & 24a Queen St 672 SF Retail Building Haverhill CB9 9EF $350,207 CAD ($521.14 CAD/SF)
INVESTMENT HIGHLIGHTS
- A freehold property
- Land at the rear also let to commercial tenant
- Investment let at £22,400 per annum (11.78% GIY on guide price)
- Studio flat let on an AST protected by the council under a rent guarantee scheme
- Not elected for VAT.
- Same business c.1960 t/a Hair Mecanix
- Located on the high street
- Ground floor retail unit is let on a lease of 10 years from 2023
- Planning permission lapsed for a further 2 flats to the rear
EXECUTIVE SUMMARY
Lot74 is available for sale at Savills' to be held on 2nd July 2025.
The property comprises an investment.
The asking price is £190,000
A freehold property arranged as a ground floor retail unit with land at the rear and a studio flat above. Planning permission lapsed for a further 2 flats to the rear. Investment let at £22,400 per annum (11.78% GIY on guide price). Please refer to the Accommodation/Tenancy schedule for more information.
The property comprises an investment.
The asking price is £190,000
A freehold property arranged as a ground floor retail unit with land at the rear and a studio flat above. Planning permission lapsed for a further 2 flats to the rear. Investment let at £22,400 per annum (11.78% GIY on guide price). Please refer to the Accommodation/Tenancy schedule for more information.
PROPERTY FACTS Under Contract
Sale Type
Investment
Sale Condition
Auction Sale
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
672 SF
Building Class
C
Year Built
1878
Price
$350,207 CAD
Price Per SF
$521.14 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.61
Lot Size
0.03 AC
AMENITIES
- 24 Hour Access
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Hair Mecanix
- -
- 672 SF
- -
- Dec 2023
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Hair Mecanix | - | 672 SF | - | Dec 2023 |
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NEARBY MAJOR RETAILERS
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24 & 24a Queen St
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