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Malt Shovel 49 The Wharf 2,607 SF Retail Building Shardlow DE72 2HG $1,273,626 CAD ($488.54 CAD/SF) 8.75% Cap Rate
Investment Highlights
- Large front side beer garden sits on the bank of the canal in a picturesque village.
- Long Eaton Railway Station is within close proximity.
- Good level of passing trade being in a strong area.
Executive Summary
We are instructed to seek offers in excess of £700,000 (Seven hundred thousand pounds) subject to contract and exclusive of VAT. A purchase at this level reflects a Net Initial Yield of 8.75%
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Bar
Building Size
2,607 SF
Building Class
B
Year Built
1955
Price
$1,273,626 CAD
Price Per SF
$488.54 CAD
Cap Rate
8.75%
NOI
$111,442 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.23
Lot Size
0.26 AC
Parking
10 Spaces (3.84 Spaces per 1,000 SF Leased)
Frontage
56’ on The Wharf
Amenities
- 24 Hour Access
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Videos
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Photos
Street View
Street
Map
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Malt Shovel | 49 The Wharf
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