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90 Week St 2,964 SF Retail Building Maidstone ME14 1RL $1,063,299 CAD ($358.74 CAD/SF) 8.31% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Prime freehold retail investment.
  • Current rent of £50,000 per annum.
  • Established tenant in occupation for 10 years.
  • Entire property let to SFJ Property & Equipment Ltd.
  • Offers in region of £575,000 (8.31% NIY).
  • EPC Rating - B (38).

EXECUTIVE SUMMARY

A prime retail unit over ground and first floor. The property is currently used as a sunbed salon with multiple partitioned tanning booths across both floors. The property also benefits from rear vehicular access and 2 parking spaces. There is also an external staircase to the rear of the property giving excellent flexibility for future uses with the ability to convert or sub-let the upper floor.

PROPERTY FACTS Sale Pending

Sale Type
Investment
Property Type
Retail
Tenure
Freehold/Long Leasehold
Property Subtype
Storefront
Building Size
2,964 SF
Building Class
B
Year Built
1932
Price
$1,063,299 CAD
Price Per SF
$358.74 CAD
Cap Rate
8.31%
NOI
$88,360 CAD
Tenancy
Single
Building Height
2 Stories
Parking
2 Spaces (0.67 Spaces per 1,000 SF Leased)
Frontage
24’ on Week Street

AMENITIES

  • Signage
  • Storage Space

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Absolutely Fabulous Tanning
  • -
  • -
  • -
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Absolutely Fabulous Tanning - - - -

NEARBY MAJOR RETAILERS

Snap Fitness
Starbucks
Costa Coffee
Pret A Manger
Caffè Nero
Santander
Barclays
Natwest
HSBC BANK PLC
Metro Bank
  • Listing ID: 36217137

  • Date on Market: 2025-06-11

  • Last Updated:

  • Address: 90 Week St, Maidstone ME14 1RL

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