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31 The Strand 788 SF Retail Building Dawlish EX7 9PT $394,865 CAD ($501.10 CAD/SF) 7.50% Cap Rate
Investment Highlights
- Excellent connectivity
- Close proximity to local amenities
- Strategic location
Executive Summary
Offers are sought in the region of £209,500 for the freehold of this well located property currently producing an income of £15,500 per annum but with potential to increase the rent of the flat. This offers a gross return before purchase costs of just under 7.5%.
A ground floor, fully let, retail space with residential accommodation above.
A ground floor, fully let, retail space with residential accommodation above.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
788 SF
Building Class
C
Year Built
1950
Price
$394,865 CAD
Price Per SF
$501.10 CAD
Cap Rate
7.50%
NOI
$29,615 CAD
Tenancy
Single
Building Height
3 Stories
Amenities
- Bus Line
- Security System
- Energy Performance Rating - B
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Nearby Major Retailers
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31 The Strand
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