18-22A Market St
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18-22A Market St
1,626 SF 100% Leased Retail Building Dudley NE23 7HR $414,477 CAD ($255 CAD/SF) 9.37% Cap Rate
Investment Highlights
- Large rear yard
- Prominent main road location
- Mixed investment near Cramlington
- Parking
- Two commercial and one residential tenant
Executive Summary
9.37 % yield on an asking price of £229,950.
A detached two storey property comprising 2 retail units, and a first floor flat consisting living room, kitchen, two bedrooms and bathroom. There is a large yard to of the rear of the property providing additional parking.
A detached two storey property comprising 2 retail units, and a first floor flat consisting living room, kitchen, two bedrooms and bathroom. There is a large yard to of the rear of the property providing additional parking.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
1,626 SF
Building Class
C
Year Built
1950
Price
$414,477 CAD
Price Per SF
$255 CAD
Cap Rate
9.37%
NOI
$38,836 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.37
Lot Size
0.10 AC
Frontage
41 ft on Market Street
Amenities
- Corner Lot
1 of 1
1 of 2
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18-22A Market St
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