79-81 Queensway 1,842 SF 100% Leased Retail Building Orpington BR5 1DQ $1,465,500 CAD ($795.60 CAD/SF) 7% Cap Rate

The property comprises two terraced buildings arranged over ground and first floors, with retail on the ground floor and residential on the first floor.
The property provides the following approximate net internal floor areas (NIA):
79 Queensway (Grd): 1,037 sq ft 96.30 sq m
81 Queensway (Grd): 1,000 sq ft 92.89 sq m
81a Queensway (FF): 723 sq ft 67.18 sq m
Total: 2,760 sq ft 256.37 sq m
We have been instructed to seek offers in excess of £790,000 (Seven Hundred and Ninety Thousand Pounds) subject to contract and exclusive of VAT. A purchase at this level would reflect a net initial yield of 7%, assuming standard purchaser costs.