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INVESTMENT HIGHLIGHTS
- Access via A6
- Residential Area
- Daytime Foot Traffic
EXECUTIVE SUMMARY
Property features
Currently occupied by the well established Elaichi Indian Restaurant.
Passing rent of £18,500 per annum exclusive on a 15 year lease commencing 29th November 2011.
Located on the prominent A6 within the popular market town of Belper.
Available to purchase at £300,000.
Currently occupied by the well established Elaichi Indian Restaurant.
Passing rent of £18,500 per annum exclusive on a 15 year lease commencing 29th November 2011.
Located on the prominent A6 within the popular market town of Belper.
Available to purchase at £300,000.
FINANCIAL SUMMARY (ACTUAL - 2025) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$34,408
|
$13.71
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$34,408
|
$13.71
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $34,408 |
| Annual Per SF | $13.71 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $34,408 |
| Annual Per SF | $13.71 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Restaurant
Building Size
2,510 SF
Building Class
C
Year Built
1940
Price
$557,974 CAD
Price Per SF
$222.30 CAD
Cap Rate
6%
NOI
$33,478 CAD
Tenancy
Single
Building Height
3 Stories
Building FAR
1.73
Lot Size
0.03 AC
Frontage
66’ on Bridge Street
AMENITIES
- Bus Line
- Restaurant
- Security System
- Signage
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Elaichi
- -
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Elaichi | - | - | - | - |
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