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333-337 High St 879 SF Retail Condo Unit Offered at $216,605 CAD in Cowdenbeath KY4 9QJ
Investment Highlights
- Close proximity to Cowdenbeath station
- Centrally located in Cowdenbeath
Executive Summary
The property comprises a retail building of traditional construction arranged over ground floor only. The property is located on the eastern side of Cowdenbeath High Street opposite the block bounded by Hall Street to the north and Paul Place to the south. The High Street forms an extension of the A909, the principal thoroughfare through Cowdenbeath as well as the principal retail provision within the town.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | Tenure | Freehold |
| Cap Rate | 10.25% |
| Sale Type | Investment |
| Cap Rate | 10.25% |
| Tenure | Freehold |
Description
The subjects comprise a ground floor retail unit within a single storey modern retail parade under a flat felt roof and having rear door service access.
Sale Notes
TENANCY DETAILS
The subjects are held on a full repairing & insuring
basis, main terms as follows:-
Tenant: Jennifer Waring t/a First Foot Fife Ltd
Lease: Until 27th May 2036. The tenant has a
break option on 27th May 2031.
Rent: £12,000 per annum increasing to £13,000
per annum on 27th May 2031, both exclusive of
VAT. Note: Tenant has recently agreed a 10 year lease
extension and has been in occupation since May
2020.
The subjects are held on a full repairing & insuring
basis, main terms as follows:-
Tenant: Jennifer Waring t/a First Foot Fife Ltd
Lease: Until 27th May 2036. The tenant has a
break option on 27th May 2031.
Rent: £12,000 per annum increasing to £13,000
per annum on 27th May 2031, both exclusive of
VAT. Note: Tenant has recently agreed a 10 year lease
extension and has been in occupation since May
2020.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 335 | 879 SF | Retail | $216,605 CAD ($246.42 CAD/SF) | $22,202.01 CAD |
Unit 335
| Unit Size |
| 879 SF |
| Condo Use |
| Retail |
| Price |
| $216,605 CAD ($246.42 CAD/SF) |
| NOI |
| $22,202.01 CAD |
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Unit 335
| Unit Size | 879 SF |
| Condo Use | Retail |
| Price | $216,605 CAD ($246.42 CAD/SF) |
| NOI | $22,202.01 CAD |
| Sale Type | Investment |
| Cap Rate | 10.25% |
| Tenure | Freehold |
| Description | |
| The subjects comprise a ground floor retail unit within a single storey modern retail parade under a flat felt roof and having rear door service access.</li></ul> | |
| Sale Notes | |
| TENANCY DETAILS<br> The subjects are held on a full repairing & insuring<br> basis, main terms as follows:-<br> Tenant: Jennifer Waring t/a First Foot Fife Ltd<br> Lease: Until 27th May 2036. The tenant has a<br> break option on 27th May 2031.<br> Rent: £12,000 per annum increasing to £13,000<br> per annum on 27th May 2031, both exclusive of<br> VAT. Note: Tenant has recently agreed a 10 year lease<br> extension and has been in occupation since May<br> 2020.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 4,461 SF | Floors | 1 |
| Property Type | Retail (Condo) | Typical Floor Size | 4,461 SF |
| Property Subtype | Storefront | Year Built | 1933 |
| Building Class | B |
| Total Building Size | 4,461 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront |
| Building Class | B |
| Floors | 1 |
| Typical Floor Size | 4,461 SF |
| Year Built | 1933 |
Amenities
- Security System
- Storage Space
1 1
Nearby Major Retailers
1 of 2
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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333-337 High St
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