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6 Carolgate 1,196 SF 100% Leased Retail Building Retford DN22 6BU $363,120 CAD ($303.61 CAD/SF) 7.18% Cap Rate
INVESTMENT HIGHLIGHTS
- Attractive three storey building,
- Listed Building
- High Footfall location
EXECUTIVE SUMMARY
A prime retail unit with a 5.87m double glazed frontage on to Carolgate, Retford’s main retail shopping street.
The Property is available Freehold at a price of £195,000 (+vat if applicable).
The Property is let on a secure 10 year FRI lease expiring in April 2034. The current passing rent is £14,000 per annum exclusive, with a fixed rental increase to £15,000 from 1st April 2026.
The Property is available Freehold at a price of £195,000 (+vat if applicable).
The Property is let on a secure 10 year FRI lease expiring in April 2034. The current passing rent is £14,000 per annum exclusive, with a fixed rental increase to £15,000 from 1st April 2026.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
1,196 SF
Building Class
B
Year Built
1910
Price
$363,120 CAD
Price Per SF
$303.61 CAD
Cap Rate
7.18%
NOI
$26,070 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.18
Lot Size
0.16 AC
Frontage
56’ on Market Place
AMENITIES
- 24 Hour Access
- Storage Space
1 1
NEARBY MAJOR RETAILERS
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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6 Carolgate
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