296-298 London Rd
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296-298 London Rd
2,025 SF 100% Leased Retail Building Westcliff On Sea SS0 7JJ $682,061 CAD ($337 CAD/SF) 5% Cap Rate
INVESTMENT HIGHLIGHTS
- Prominent High Street location
- Hamlet Court Carpark nearby
- Good passing traffic and footfall
EXECUTIVE SUMMARY
A freehold, double fronted, retail outlet situated on the south side of the popular London Road (A13) Westcliff. Short stay roadside parking bays are available outside the premises. The freehold consists of 2 flats above sold off on leases.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
2,025 SF
Building Class
C
Year Built
1930
Price
$682,061 CAD
Price Per SF
$337 CAD
Cap Rate
5%
NOI
$34,103 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.90
Lot Size
0.05 AC
Frontage
36 ft on London Rd
AMENITIES
- Bus Line
- Courtyard
- Signage
- Storage Space
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296-298 London Rd
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