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42-48 Market St 7,396 SF 100% Leased Retail Building Ashby De La Zouch LE65 1AN $1,955,261 CAD ($264.37 CAD/SF) 7.50% Cap Rate
INVESTMENT HIGHLIGHTS
- prominent position in Ashby de la Zouch town centre
- Good transport links
- good flow of footfall towards the premises
EXECUTIVE SUMMARY
42-48 Market Street is a three-storey, purpose-built retail and office premises, with two self-contained retail units at ground floor both benefiting from rear access and parking, in particular the Royal Mail which has a dedicated rear yard, used as a sorting office.
The property is available freehold, subject to the occupational leases.
The property is available freehold, subject to the occupational leases.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Office
Building Size
7,396 SF
Building Class
B
Year Built
1972
Price
$1,955,261 CAD
Price Per SF
$264.37 CAD
Cap Rate
7.50%
NOI
$146,645 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.27
Lot Size
0.64 AC
Frontage
62’ on Market St
AMENITIES
- 24 Hour Access
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NEARBY MAJOR RETAILERS
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42-48 Market St
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