Log In/Sign Up
Your email has been sent.
68 Packhorse Rd 1,959 SF 100% Leased Retail Building Gerrards Cross SL9 8EF $2,052,637 CAD ($1,047.80 CAD/SF) 6.90% Cap Rate
Investment Highlights
- Town centre
- Gross yield c. 7.3%
- Corner position
- Attractive retail unit & two flats
- Net Yield c. 6.9%
Executive Summary
Freehold town centre retail and residential investment for sale. Offers in excess of £1,100,000 for the freehold interest in the building.
The property comprises a highly prominent retail unit with a return frontage, and two large 2-bed flats with a separate residential entrance in Oak End Way.
The ground floor tenant, Heidi & Hudson, have been in occupation for 14 years. The shop is beautifully presented.
The retail unit is let for a term of 15 years from March 2012 with 5 yearly rent reviews and on effectively fully repairing terms, at a current rent of £42,500 p.a. The flats are let
at £20,100 p.a. and £18,000 p.a. on Assured Periodic Tenancies. Total income stands at £80,600 p.a.
The property comprises a highly prominent retail unit with a return frontage, and two large 2-bed flats with a separate residential entrance in Oak End Way.
The ground floor tenant, Heidi & Hudson, have been in occupation for 14 years. The shop is beautifully presented.
The retail unit is let for a term of 15 years from March 2012 with 5 yearly rent reviews and on effectively fully repairing terms, at a current rent of £42,500 p.a. The flats are let
at £20,100 p.a. and £18,000 p.a. on Assured Periodic Tenancies. Total income stands at £80,600 p.a.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
1,959 SF
Building Class
B
Year Built
1990
Price
$2,052,637 CAD
Price Per SF
$1,047.80 CAD
Cap Rate
6.90%
NOI
$141,632 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
1 1
Nearby Major Retailers
1 of 10
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
68 Packhorse Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.