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37 Western Rd 1,190 SF Retail Building Brighton BN1 2EB $1,272,735 CAD ($1,069.53 CAD/SF) 7.11% Cap Rate
Investment Highlights
- Prime Retail Location
- Virtual Freehold
- Ground and Lower Ground Floors
Executive Summary
37 Western Road comprises a ground floor open plan sales area with a lower and upper mezzanine at the rear comprising treatment rooms and lower ground floor storage and W.C. This Class E unit is currently trading as a beauty salon.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Long Leasehold
Property Subtype
Storefront Retail/Residential
Building Size
1,190 SF
Building Class
B
Year Built
1900
Price
$1,272,735 CAD
Price Per SF
$1,069.53 CAD
Cap Rate
7.11%
NOI
$90,506 CAD
Tenancy
Single
Building Height
4 Stories
Building FAR
0.09
Lot Size
0.30 AC
Frontage
18’ on Churchill Square
Amenities
- Bus Line
- Signage
- Energy Performance Rating - E
- Storage Space
- Air Conditioning
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Nearby Major Retailers
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37 Western Rd
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