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Barrys Ln 10,713 SF Industrial Building Scarborough YO12 4HA $1,164,373 CAD ($108.69 CAD/SF) 6.77% Cap Rate



Investment Highlights
- Established Trade Counter investment opportunity.
- Located in the heart of the town’s trade counter and out of town retail provision
- Scarborough is a famous seaside town and the largest along the Yorkshire coast
Executive Summary
We have been instructed to seek offers in excess of £625,000 (Six Hundred and TwentyFive Thousand Pounds), subject to contract.
A purchase at this level will reflect a net initial yield of 6.77% and a low capital value of £58.34 psf, assuming purchasers' costs of 5.12%.
A purchase at this level will reflect a net initial yield of 6.77% and a low capital value of £58.34 psf, assuming purchasers' costs of 5.12%.
Property Facts
| Price | $1,164,373 CAD | Building Class | C |
| Price Per SF | $108.69 CAD | Lot Size | 0.47 AC |
| Sale Type | Investment | Rentable Building Area | 10,713 SF |
| Cap Rate | 6.77% | No. Stories | 1 |
| Tenure | Freehold | Year Built | 1980 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse |
| Price | $1,164,373 CAD |
| Price Per SF | $108.69 CAD |
| Sale Type | Investment |
| Cap Rate | 6.77% |
| Tenure | Freehold |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.47 AC |
| Rentable Building Area | 10,713 SF |
| No. Stories | 1 |
| Year Built | 1980 |
| Tenancy | Single |
Amenities
- Yard
- Automatic Blinds
- Storage Space
Utilities
- Lighting
- Water
- Sewer
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Barrys Ln
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