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25-27 Birley St 2,888 SF Retail Building Blackpool FY1 1EG $930,281 CAD ($322.12 CAD/SF) 7.40% Cap Rate


Investment Highlights
- Prime investment in the centre of Blackpool
- Well located
- Rebased rent based on current rental evidence in blackpool
Executive Summary
The property is subject to a lease dated 4th November 2016 between Select Property Management
SP and TSB Bank Plc for a term of 10 years from the 29th May 2016 at a rent of £39,000 per annum.
The lease is granted on a Tenant’s Full Repairing and Insuring basis.
SP and TSB Bank Plc for a term of 10 years from the 29th May 2016 at a rent of £39,000 per annum.
The lease is granted on a Tenant’s Full Repairing and Insuring basis.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Bank
Building Size
2,888 SF
Building Class
C
Year Built
1984
Price
$930,281 CAD
Price Per SF
$322.12 CAD
Cap Rate
7.40%
NOI
$68,841 CAD
Tenancy
Single
Building Height
3 Stories
Building FAR
0.95
Lot Size
0.07 AC
Frontage
48’ on Birley St
Amenities
- Security System
- Signage
- Storage Space
- Air Conditioning
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Nearby Major Retailers
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25-27 Birley St
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