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50-52 Main St 2,198 SF 100% Leased Retail Building East Leake LE12 6PG $549,794 CAD ($250.13 CAD/SF)
Investment Highlights
- Situated within East Leake Village Centre.
- Free on-street and nearby car parks with over 80 spaces available.
- Close proximity to local amenities such as Post Office, restaurants, and shops.
Executive Summary
Property Type: Freehold investment opportunity
Status: VAT free
Tenure: Freehold
Price: Offers in excess of £295,000
Gross Yield: 8.4%
No 50 (MyDentist):
Dental practice, link-detached building with ground and first floors
Total area: ~84 sq m (904 sq ft)
Current rent: £11,800 pax
Lease expires September 2027
No 52 (Cottage):
Ground floor food premises, ~76 sq m (818 sq ft)
Holding over on lease at £9,000 pax
First floor (44 sq m) sublet to MyDentist until September 2027
Total Rental Income: £24,800 pax with growth potential on renewal.
Status: VAT free
Tenure: Freehold
Price: Offers in excess of £295,000
Gross Yield: 8.4%
No 50 (MyDentist):
Dental practice, link-detached building with ground and first floors
Total area: ~84 sq m (904 sq ft)
Current rent: £11,800 pax
Lease expires September 2027
No 52 (Cottage):
Ground floor food premises, ~76 sq m (818 sq ft)
Holding over on lease at £9,000 pax
First floor (44 sq m) sublet to MyDentist until September 2027
Total Rental Income: £24,800 pax with growth potential on renewal.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Building Size
2,198 SF
Building Class
C
Year Built
1970
Price
$549,794 CAD
Price Per SF
$250.13 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Frontage
55’ on Main Street
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50-52 Main St
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