Log In/Sign Up
Your email has been sent.
Watnall Rd 4,401 SF Retail Building Hucknall NG15 6EY $1,845,837 CAD ($419.41 CAD/SF) 6.74% Cap Rate
Investment Highlights
- Freehold investment in a prime Hucknall retail location
- Attractive guide price of £1,000,000 reflecting 6.74% NIY
- Let to Sainsbury’s Supermarkets Ltd with 5A1 covenant strength
Executive Summary
This modern, purpose-built convenience store is fully let to Sainsbury’s Supermarkets Ltd, offering a secure income stream backed by a 5A1-rated covenant. The property comprises a well-configured ground floor retail space with ancillary storage and staff facilities on the first floor, complemented by 14 on-site parking spaces including disabled bays. The tenancy runs until November 2030 on a full repairing and insuring lease, with RPI-linked rent reviews every five years. The passing rent is £71,306 per annum, providing strong rental security and predictable growth.
The property is available for sale freehold for £1,000,000.
The property is available for sale freehold for £1,000,000.
Property Facts Sale Pending
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Building Size
4,401 SF
Year Built
2016
Price
$1,845,837 CAD
Price Per SF
$419.41 CAD
Cap Rate
6.74%
NOI
$124,409 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.41
Lot Size
0.25 AC
Parking
13 Spaces (2.95 Spaces per 1,000 SF Leased)
Frontage
62’ on Watnall Road
Amenities
- 24 Hour Access
- Corner Lot
- Signage
- Storage Space
- Smoke Detector
1 1
Nearby Major Retailers
1 of 5
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Watnall Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.