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39B Tape St 2,633 SF 100% Leased Retail Building Stoke On Trent ST10 1ET $556,099 CAD ($211.20 CAD/SF) 7.17% Cap Rate
Investment Highlights
- Established children’s nursery registered for 51 children
- Very prominent location in the centre of Cheadle
- Commercial investment – Tiny Hearts Big Futures Unaffected
Executive Summary
The property is let to Tiny Hearts Big Futures Limited (Company No. 15061142), with personal guarantee at £21,500pa on an FRI lease from 15th September 2023 for 7 years with rent reviews at the end of year 3 and 6. Copy of the lease available upon request.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Day Care Center
Building Size
2,633 SF
Building Class
B
Year Built
1980
Price
$556,099 CAD
Price Per SF
$211.20 CAD
Cap Rate
7.17%
NOI
$39,860 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.21
Lot Size
0.05 AC
Amenities
- Storage Space
1 1
Nearby Major Retailers
1 of 29
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39B Tape St
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