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3 Cornmarket

3,255 SF 100% Leased Retail Building Thame OX9 3DX $1,622,084 CAD ($498 CAD/SF) 6.25% Cap Rate

Investment Highlights

  • Income producing
  • Good location
  • Good frontage

Executive Summary

Investment opportunity with the ground floor let to Gails at a rental of £60,000 pa rom 21st March 2024, subject to 5 yearly
upward only rent reviews on a 15 year term. In addition there is a three and two bed flat on the first and second floor providing a combined rental of £3,400 pcm. The freehold interest is available for offers in excess of £910,000

Property Facts

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Bank
Building Size
3,255 SF
Year Built
1920
Price
$1,622,084 CAD
Price Per SF
$498 CAD
Cap Rate
6.25%
NOI
$101,380 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Frontage
38 ft on Cornmarket

Amenities

  • 24 Hour Access
  • Bus Line
  • Energy Performance Rating - C
  • Listing ID: 32180471

  • Date on Market: 2024-06-19

  • Last Updated:

  • Address: 3 Cornmarket, Thame OX9 3DX

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