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28-32 Castle St 1,200 SF 100% Leased Retail Building Clitheroe BB7 2BX $791,270 CAD ($659.39 CAD/SF) 7.14% Cap Rate

Investment Highlights
- Prime town centre location
- Located within walking distance of the town centre transport interchange
- Traditional character building
Executive Summary
Opportunity to acquire mixed-use investment property in Clitheroe town centre. The property comprises a two storey with the ground floor providing two self-contained retail units occupied by established commercial tenants, while the first floor comprises separately accessed office accommodation. The first floor office suite is vacant with the other units let to Travis Yates Financial Consultants on a five year lease and Marsden Building Society on a five year term, currently generating £30,000 per annum. The property occupies a prominent position on Castle Street, the principal retail thoroughfare through Clitheroe town centre, within the Clitheroe Central Conservation Area. The freehold interest is available at a guide price of £420,000.00
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
1,200 SF
Building Class
B
Year Built
1876
Price
$791,270 CAD
Price Per SF
$659.39 CAD
Cap Rate
7.14%
NOI
$56,497 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.69
Lot Size
0.04 AC
Amenities
- 24 Hour Access
- Bus Line
- Security System
- Signage
- Storage Space
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Nearby Major Retailers
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Videos
Matterport 3D Exterior
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Photos
Street View
Street
Map
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28-32 Castle St
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