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29 Lowther St 5,939 SF 100% Leased Retail Building Carlisle CA3 8EE $883,458 CAD ($148.76 CAD/SF) 8.45% Cap Rate
INVESTMENT HIGHLIGHTS
- Attractive high street investment, ideally located in the heart of Carlisle city centre
- Close to all local amenities
- Advantageously situated to benefit from major scale regeneration and investment projects in the city
- Excellent transport links nearby
EXECUTIVE SUMMARY
Offers in excess of £475,000 (Four Hundred and Seventy-Five Thousand Pounds) subject to contract and exclusive of VAT. A purchase at this level would reflect a net initial yield of 8.45% assuming purchasers’ costs of 4.59% are deducted.
Attractive high street investment, ideally located in the heart of Carlisle city centre.
Attractive high street investment, ideally located in the heart of Carlisle city centre.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Bank
Building Size
5,939 SF
Building Class
B
Year Built
1871
Price
$883,458 CAD
Price Per SF
$148.76 CAD
Cap Rate
8.45%
NOI
$74,652 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.76
Lot Size
0.18 AC
AMENITIES
- 24 Hour Access
- Energy Performance Rating - D
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29 Lowther St
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