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288-288A Southcoates Ln 1,558 SF Retail Building Hull HU9 3AP $260,214 CAD ($167.02 CAD/SF) 9.81% Cap Rate
INVESTMENT HIGHLIGHTS
- Kingston upon Hull is a thriving east coast port
- The surrounding area is primarily residential
- Situated in an established local shopping parade
EXECUTIVE SUMMARY
The property is arranged on ground and one upper floor to provide a ground floor shop with self-contained residential accommodation above.
Freehold Shop and Residential Investment for sale at a purchase price of £140,000 with Gross Initial yield at 9.81 with a rental income of £13,740.
Freehold Shop and Residential Investment for sale at a purchase price of £140,000 with Gross Initial yield at 9.81 with a rental income of £13,740.
PROPERTY FACTS Sale Pending
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
1,558 SF
Building Class
C
Year Built
1950
Price
$260,214 CAD
Price Per SF
$167.02 CAD
Cap Rate
9.81%
NOI
$25,538 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.91
Lot Size
0.04 AC
Frontage
20’ on Southcoates Lane
AMENITIES
- Automatic Blinds
- Storage Space
1 1
NEARBY MAJOR RETAILERS
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288-288A Southcoates Ln
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