239-243 Sauchiehall St | Glasgow G2 3EZ
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239-243 Sauchiehall St
Glasgow G2 3EZ
Retail Property For Sale
Investment Highlights
- Fully refurbished mid-terraced building arranged over basement, ground, first and second floors.
- Good transport links.
- Great footfall area.
Executive Summary
Offers over £750,000 are invited for our client's heritable interest with the benefit of the existing leases.
A purchase at this level reflects a NIY of 9.06% and a reversionary yield of 10.01% after purchasers' costs.
Total rental income of £71,500 per annum.
A purchase at this level reflects a NIY of 9.06% and a reversionary yield of 10.01% after purchasers' costs.
Total rental income of £71,500 per annum.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Office
Building Size
5,569 SF
Building Class
B
Year Built
1859
Price
$1,344,152 CAD
Price Per SF
$241 CAD
Cap Rate
9.06%
NOI
$121,780 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Building FAR
2.78
Lot Size
0.05 AC
Amenities
- Security System
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