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The White Horse Sean Dyke Way 3,199 SF Retail Building Grimsby DN36 5SA $1,024,345 CAD ($320.21 CAD/SF) 7.57% Cap Rate
Investment Highlights
- Freehold public house investment
- Site extending to 0.703 acres
- Lease expires September 2029
- Entire property let to a private individual
- Current total income is £43,664 per annum, comprising rent and tie release fee
- The rent and tie release fee are both subject to annual reviews reflecting the change in the RPI over the preceding 12 months
Executive Summary
The property comprises the basement, ground and first floor of a two storey detached public house with painted rendered elevations beneath a pitched tiled roof.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Building Size
3,199 SF
Building Class
C
Year Built
1890
Price
$1,024,345 CAD
Price Per SF
$320.21 CAD
Cap Rate
7.57%
NOI
$77,543 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.10
Lot Size
0.71 AC
Frontage
44’ on Swaby Mews
Amenities
- Storage Space
- Smoke Detector
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The White Horse | Sean Dyke Way
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