31-33 St John St
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31-33 St John St
1,660 SF Retail Building Bridgwater TA6 5HR $234,320 CAD ($141 CAD/SF)
Investment Highlights
- Investment opportunity with a newly signed lease
- Easily accessible
- Wide window frontage across two units
Executive Summary
The property is available by way of 999 year leasehold with a peppercorn ground rent at a guide price of £130,000, reflecting a 9.09% net yield.
The unit is let to William Hill Organization Limited by way of full repairing and insuring lease for a term of 10 years from 16th August 2023. There is a tenant only break clause on 15th August 2028 and 2031. There is a rent review on 16th August 2028.
The unit is let to William Hill Organization Limited by way of full repairing and insuring lease for a term of 10 years from 16th August 2023. There is a tenant only break clause on 15th August 2028 and 2031. There is a rent review on 16th August 2028.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Long Leasehold
Property Subtype
Storefront Retail/Residential
Building Size
1,660 SF
Building Class
B
Year Built
1800
Price
$234,320 CAD
Price Per SF
$141 CAD
Tenancy
Single
Building Height
3 Stories
Frontage
31 ft on St John St
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31-33 St John St
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