18 Thames St 1,260 SF 100% Leased Retail Building Windsor SL4 1PL $6,527,219 CAD ($5,180.33 CAD/SF) 6.50% Cap Rate
INVESTMENT HIGHLIGHTS
- Prominent Location
- High Footfall
- Great Transport Links
EXECUTIVE SUMMARY
A well let restaurant unit over ground, lower ground, 1st , 2nd & 3rd floors extending to a total of 4,493q ft (NIA).
Seeking offers in excess of £3,600,000 (Three Million, Six Hundred Thousand Pounds) subject to contract and exclusive of VAT. A purchase at this level reflects an attractive Net Initial Yield of 6.5% assuming standard purchasers’ costs of 5.68% on the Honest Burger restaurant and £531 psf on the residential apartments
Seeking offers in excess of £3,600,000 (Three Million, Six Hundred Thousand Pounds) subject to contract and exclusive of VAT. A purchase at this level reflects an attractive Net Initial Yield of 6.5% assuming standard purchasers’ costs of 5.68% on the Honest Burger restaurant and £531 psf on the residential apartments
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
1,260 SF
Building Class
B
Year Built
1746
Price
$6,527,219 CAD
Price Per SF
$5,180.33 CAD
Cap Rate
6.50%
NOI
$424,269 CAD
Percent Leased
100%
Building Height
5 Stories
Parking
1 Space (0.79 Spaces per 1,000 SF Leased)
Frontage
49’ on Thames Street
AMENITIES
- Storage Space
1 of 1
NEARBY MAJOR RETAILERS
CONTACT
-
Ollie Muers-Raby - ORME Warrior ltd
