The Fad 25 Gainsborough Ave 4,382 SF 100% Leased Retail Building South Shields NE34 8JN $355,401 CAD ($81.10 CAD/SF)
INVESTMENT HIGHLIGHTS
- Detached Community Pub
- Prominent Corner Position
- £20,000 Rental Income
EXECUTIVE SUMMARY
There are two entrances to the pub one taking you into the main bar area, with the other being a dedicated entrance to the lounge/function room.
The private accommodation is located on the first floor and briefly consists of three good sized bedrooms, a bathroom suite, along with
a spacious kitchen and small office space.
The property is held on a 99 year lease from the council from 19/02/1964 with a peppercorn rent.
The private accommodation is located on the first floor and briefly consists of three good sized bedrooms, a bathroom suite, along with
a spacious kitchen and small office space.
The property is held on a 99 year lease from the council from 19/02/1964 with a peppercorn rent.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Long Leasehold
Building Size
4,382 SF
Building Class
B
Year Built
1940
Price
$355,401 CAD
Price Per SF
$81.10 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.32
Lot Size
0.31 AC
1 of 1
NEARBY MAJOR RETAILERS
