• Broker Ollie Muers-Raby 1753303390

18 Thames St 1,260 SF 100% Leased Retail Building Windsor SL4 1PL $6,610,507 CAD ($5,246.43 CAD/SF) 6.50% Cap Rate

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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

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
$6,610,507 CAD
Price Per SF
$5,246.43 CAD
Cap Rate
6.50%
NOI
$429,683 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

NEARBY MAJOR RETAILERS

Londis
Nando's
Zizzi
Giggling Squid
The Real Greek
Côte Brasserie
Costa Coffee
Barclays
Kokoro
Wagamama

MAP

ADDITIONAL PHOTOS

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