149-149 Liverpool Rd
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149-149 Liverpool Rd
440 SF Retail Building Longton PR4 5AB $326,084 CAD ($741 CAD/SF) 3.83% Cap Rate
Investment Highlights
- Situated in the heart of Longton close to a variety of retail occupiers including Booths Supermarket.
- Property benefits from 3 car parking spaces.
- Approximately 3.5 miles to the southwest of Preston city centre.
Executive Summary
The ground floor is currently let on the basis of a three-year internal repairing and insuring lease from 26 March 2019, at a rent of £6,900 pa. Included within the lease are three car parking spaces. The tenant is currently holding over.
The first-floor flat is currently vacant and is ready to be let immediately, and is it is anticipated a rent of circa £600 per month should be achievable.
The first-floor flat is currently vacant and is ready to be let immediately, and is it is anticipated a rent of circa £600 per month should be achievable.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
440 SF
Building Class
B
Year Built
1970
Price
$326,084 CAD
Price Per SF
$741 CAD
Cap Rate
3.83%
NOI
$12,500 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.29
Lot Size
0.03 AC
Frontage
11 ft on Liverpool Road
Amenities
- 24 Hour Access
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149-149 Liverpool Rd
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