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Old Stables Court Queen St 2,084 SF Office Building Newcastle Under Lyme ST5 1ED $695,193 CAD ($333.59 CAD/SF) 8.70% Cap Rate
Investment Highlights
- Benefit of 9 car parking spaces
- The current owner has recently redecorated the building, both externally and internally, and has installed a brand-new heating system to the offices
- The building has a central security and fire alarm system
Executive Summary
Outstanding Office Investment Opportunity
Producing £32,740 with a net rent of £17,184.38
Producing £32,740 with a net rent of £17,184.38
Property Facts Sale Pending
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Building Size
2,084 SF
Building Class
C
Year Built/Renovated
1900/1980
Price
$695,193 CAD
Price Per SF
$333.59 CAD
Cap Rate
8.70%
NOI
$60,510 CAD
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
1,042 SF
Building FAR
0.60
Lot Size
0.08 AC
Parking
4 Spaces
Amenities
- Bus Line
- Controlled Access
- Courtyard
- Security System
- Signage
- Storage Space
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Old Stables Court | Queen St
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