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Cherry Tree Inn Dale Hill 2,254 SF 100% Leased Retail Building Ticehurst TN5 7DG $673,828 CAD ($298.95 CAD/SF) 8.96% Cap Rate
EXECUTIVE SUMMARY
An attractive detached two storey public house with part brick painted, part hung tile elevations under a pitched tiled roof with single storey extensions to extend the trading area. The site also includes a decked patio area, trade garden with rustic picnic tables and two customer car parks. One of the car parks is below the property and the decked patio and the other is to north of the site with access to the letting accommodation. The main entrance is to the front of the property and leads through an entrance lobby into the main bar area.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Building Size
2,254 SF
Building Class
B
Year Built
1990
Price
$673,828 CAD
Price Per SF
$298.95 CAD
Cap Rate
8.96%
NOI
$60,375 CAD
Percent Leased
100%
Building Height
2 Stories
Building FAR
0.11
Lot Size
0.49 AC
Frontage
70’ on Dale Hill
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Cherry Tree Inn | Dale Hill
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