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26 The Triangle 1,040 SF 100% Leased Retail Building Clevedon BS21 6NG $448,441 CAD ($431.19 CAD/SF)
Investment Highlights
- The property is prominently situated on The Triangle in Clevedon
- Configured as a large open plan sales area with a fully glazed shop front
- It benefits from high pedestrian footfall as well as excellent road visibility
Executive Summary
The property is currently configured as a large open plan sales area with a fully glazed shop front, two partitioned office rooms, and a kitchen and W/C facility to the rear. There is also a rear entrance. Both the front and rear shop windows have electronic roller shutter doors. The first floor has been sold off on a Long Leasehold basis. The existing lease runs from 16th November 2021 until the 30th March 2030 on Effectively Full Repairing and Insuring terms. The passing rent is £18,000 pax, rising to £18,500 from March 2024, £19,000 in March 2026, £19,500 in March 2027, £20,000 in March 2028 and £20,500 in March 2029.
Property Facts Sale Pending
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
1,040 SF
Building Class
B
Year Built
1920
Price
$448,441 CAD
Price Per SF
$431.19 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Frontage
28’ on Kenn Rd
Amenities
- Energy Performance Rating - C
- Storage Space
1 1
Nearby Major Retailers
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26 The Triangle
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