14 St Marys St 759 SF 100% Leased Office Building Newport TF10 7AB $553,944 CAD ($729.83 CAD/SF)
INVESTMENT HIGHLIGHTS
- Prominently located income producing property in the sought-after town of Newport
- Of interest to investors and property speculators/developers
- Potential asset management opportunity by redevelopment of vacant uppers
EXECUTIVE SUMMARY
The property comprises of an attractive mid terraced Grade 2 listed. The property is part three, part two and part single storey property that is arranged as a lock up shop unit on the ground floor with a basement that is tenanted and trading as a hair salon with vacant upper floors. The ground floor has been recently renovated and provides an attractive shop unit with a large, glazed frontage with a Total Net Internal Floor Area of approximately 759 sqft (72.98 m sq). The upper floors provide former office accommodation with a Total Net Internal Area of 797 sqft (74 m sq).
The property is of traditional construction. The property benefits from a separate access via a side passage to the rear of the property, which can be accessed between 6am and 7pm each day.
The property is of potential interest to investors, property developers and owner occupiers. Its potential can only be fully appreciated by undertaking an inspection of the property.
The property is of traditional construction. The property benefits from a separate access via a side passage to the rear of the property, which can be accessed between 6am and 7pm each day.
The property is of potential interest to investors, property developers and owner occupiers. Its potential can only be fully appreciated by undertaking an inspection of the property.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Tenure
Freehold
Building Size
759 SF
Building Class
B
Year Built
1838
Price
$553,944 CAD
Price Per SF
$729.83 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
253 SF
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