Log In/Sign Up
Your email has been sent.
24-26 Southchurch Rd 1,501 SF 100% Leased Retail Building Southend-On-Sea SS1 2ND $739,323 CAD ($492.55 CAD/SF) 8.10% Cap Rate
Executive Summary
All measurements are approximate & have been measured on a gross internal basis: 24 Southchurch Road (Retail Shop): 511 Sq.Ft. 26 Southchurch Road (Take Away/Restaurant) 990 Sq.Ft. Both have rear parking with vehicular access.
A mixed investment opportunity comprising 2 shops, one let with an income of £20,000pa & the other at £12,000pa, with four 1 bedroom flats above producing a ground rent of £1,360pa, & therefore a yield of 8.1% on the asking price.
A mixed investment opportunity comprising 2 shops, one let with an income of £20,000pa & the other at £12,000pa, with four 1 bedroom flats above producing a ground rent of £1,360pa, & therefore a yield of 8.1% on the asking price.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
1,501 SF
Building Class
C
Year Built
1910
Price
$739,323 CAD
Price Per SF
$492.55 CAD
Cap Rate
8.10%
NOI
$59,895 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.78
Lot Size
0.04 AC
Frontage
33’ on Southchurch Road
1 1
Nearby Major Retailers
1 of 3
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
24-26 Southchurch Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.