13 Liskeard Rd
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13 Liskeard Rd
1,066 SF 100% Leased Retail Building Walsall WS5 3EY $358,690 CAD ($336 CAD/SF) 7% Cap Rate
Investment Highlights
- Shopping Centre unit
- Strategic location
Executive Summary
Offers based on £195,000, are sought for the long leasehold interest. A purchase at this level, represents a net initial yield of 7.15%, allowing for usual purchasers’ costs.
The property will be sold with the benefit of a new 999 year lease from completion, at a peppercorn ground rent.
The property will be sold with the benefit of a new 999 year lease from completion, at a peppercorn ground rent.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Long Leasehold
Property Subtype
Storefront Retail/Residential
Building Size
1,066 SF
Building Class
B
Year Built
1960
Price
$358,690 CAD
Price Per SF
$336 CAD
Cap Rate
7%
NOI
$25,108 CAD
Percent Leased
100%
Building Height
3 Stories
Frontage
20 ft on Liskeard Road
Amenities
- Energy Performance Rating - D
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13 Liskeard Rd
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