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Coachman's Corner The Sq 998 SF 100% Leased Retail Building Gillingham SP8 4AY $607,616 CAD ($608.83 CAD/SF) 7.74% Cap Rate

Investment Highlights
- Fully let investment property
- Traditional construction
- Amazing location with transport links and local business
Executive Summary
Coachman’s Corner is situated just off the High Street in an attractive setting fronting South Street and The Square and comprises an unlisted building of traditional construction with whitewashed brick elevations under a predominantly slate-tiled roof. The building provides two ground floor retail units together with two self-contained flats within its upper parts. The property is currently fully let with a passing rent of £25,140 per annum. 1 Coachman’s Corner, which is let as a pottery workshop, consists of a main sales area, with partitioning to the rear workshop, WC and a corridor that leads to the rear fire escape. 2 Coachman’s Corner is let to a beautician. The layout provides a reception, two treatment rooms and a WC. There is a fire escape to the rear. The Flats are accessed via a shared corridor which is situated off South Street. Flat 1 provides one bedroom accommodation, a kitchen/ dinner and bathroom. Flat 2 provides two bedrooms over two floors together with a large kitchen/ diner and bathroom.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Bar
Building Size
998 SF
Building Class
C
Year Built
1800
Price
$607,616 CAD
Price Per SF
$608.83 CAD
Cap Rate
7.74%
NOI
$47,029 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
1 1
Nearby Major Retailers
1 of 2
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Coachman's Corner | The Sq
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