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Investment Highlights
- Detached lock-up shop
- Shop let on a FRI lease with tenant holding over at £14,250 pa
- Side forecourt that has been undeveloped
- Potential to agree new lease and rent increase
Executive Summary
Detached lock-up shop with side forecourt that has been undeveloped. The shop is let on a full repairing and insuring lease and trading as a bag retailer which has been in occupation for many years. The current lease expired in 2023 and the tenant is holding over at £14,250 pa. There is potential to agree a new lease and rent increase. Available freehold - offers in excess of £165,000.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
564 SF
Building Class
B
Year Built
1902
Price
$306,523 CAD
Price Per SF
$543.48 CAD
Tenancy
Single
Building Height
1 Story
Frontage
27’ on Coleraine Road
Amenities
- Storage Space
1 1
Nearby Major Retailers
1 of 3
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2A Coleraine Rd
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