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90-91 The Promenade 4,747 SF 100% Leased Retail Building Portstewart BT55 7AG $829,791 CAD ($174.80 CAD/SF)
INVESTMENT HIGHLIGHTS
- Excellent Investment Opportunity comprising 2 Retail Units and 2 Office Units
- The property is well known locally as it is home to the towns Post Office and has a lot of pedestrian traffic as such on a daily basis
- Generating a Rental Income of £28,250 per annum
EXECUTIVE SUMMARY
The subject property comprises 2 no. retail units at ground floor level with 2 no. office units at first floor level current occupants include a Post Office Counter and Beautician at ground floor level and a construction company and community charity organisation at first floor level in the office units seeing the building fully occupied .
The current rental income that this investment property generates is passing at a rental income of £28,250 per annum.
The current rental income that this investment property generates is passing at a rental income of £28,250 per annum.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Office
Building Size
4,747 SF
Building Class
B
Year Built
1960
Price
$829,791 CAD
Price Per SF
$174.80 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
2.00
Lot Size
0.05 AC
Frontage
46’ on The Promenade
AMENITIES
- Storage Space
- Smoke Detector
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90-91 The Promenade
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