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Central Buildings 8-10 Middle Gate 10,968 SF Retail Building Newark NG24 1AG $919,931 CAD ($83.87 CAD/SF) 9.45% Cap Rate

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Investment Highlights

  • Pedestrian and delivery access off Castle Gate
  • Painted plaster walls and ceilings throughout.
  • Solid floor overlaid in tiles

Executive Summary

Middle Gate - £495,000 NIY - 9.45%

Property Facts

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Office
Building Size
10,968 SF
Building Class
B
Year Built
1885
Price
$919,931 CAD
Price Per SF
$83.87 CAD
Cap Rate
9.45%
NOI
$86,933 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.78
Lot Size
0.32 AC
Frontage
52’ on Middle Gate

Amenities

  • Energy Performance Rating - D
  • Storage Space

Nearby Major Retailers

Costa Coffee
Starbucks
Morrisons
NatWest Ltd
Barclays
Anytime Fitness
YMCA
Iceland
Santander
Lloyds Bank
  • Listing ID: 30752788

  • Date on Market: 2024-01-24

  • Last Updated:

  • Address: 8-10 Middle Gate, Newark NG24 1AG

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