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29-31 The Strait
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29-31 The Strait
3,000 SF Retail Building Lincoln LN2 1JD $1,546,005 CAD ($515 CAD/SF) 5.88% Cap Rate
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INVESTMENT HIGHLIGHTS
- Prime location at the base of 'Steep Hill'
- Character Features
- Building 29 is set over 2 floors and 31 over 3 with the upper floors
EXECUTIVE SUMMARY
Guide price £850,000 freehold investment in Lincoln City Centre.
Income producing £50,000 to £55,000 per annum.
Income producing £50,000 to £55,000 per annum.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Bar
Building Size
3,000 SF
Building Class
B
Year Built
1880
Price
$1,546,005 CAD
Price Per SF
$515 CAD
Cap Rate
5.88%
NOI
$90,941 CAD
Tenancy
Single
Building Height
3 Stories
Building FAR
1.55
Lot Size
0.04 AC
Frontage
54 ft on The Strait
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NEARBY MAJOR RETAILERS
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29-31 The Strait
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