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70-72 Sheffield Road & 2A-2B Calvert Street 70-72 Sheffield Rd 4,000 SF Retail Building Hoyland S74 0DQ $735,551 CAD ($183.89 CAD/SF) 10.33% Cap Rate
INVESTMENT HIGHLIGHTS
- Five residential units and single retail unit all fully let
- Well located facing Sheffield Road, 1 mile to the west of the town of Hoyland and only ½ mile from J.36 of the M1 motorway.
- Prominent, well-located premises just off J.36 M1
EXECUTIVE SUMMARY
There is a current gross rental receivable of £40,800 per annum. A full tenancy schedule can be provided upon request. All tenants pay business rates / council tax directly to
the local authority and also pay for their own utilities.
Each residential letting is on an assured shorthold tenancy with the ground floor retail unit being held on a formal commercial lease. Copies of leases / tenancy agreements are available upon request.
the local authority and also pay for their own utilities.
Each residential letting is on an assured shorthold tenancy with the ground floor retail unit being held on a formal commercial lease. Copies of leases / tenancy agreements are available upon request.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
4,000 SF
Building Class
B
Year Built
1900
Price
$735,551 CAD
Price Per SF
$183.89 CAD
Cap Rate
10.33%
NOI
$75,976 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
1.00
Lot Size
0.09 AC
Frontage
AMENITIES
- Bus Line
- Storage Space
1 1
NEARBY MAJOR RETAILERS
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70-72 Sheffield Road & 2A-2B Calvert Street | 70-72 Sheffield Rd
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