54 Hamble Ln
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54 Hamble Ln
1,122 SF Retail Building Southampton SO31 4JS $800,124 CAD ($713 CAD/SF) 7.10% Cap Rate
Investment Highlights
- Close proximity to junction 8, M27 and Coronation Parade
- Parking spaces available
- Located in an established residential district
Executive Summary
Offers in excess of £450,000 subject to contract for the freehold interest and subject to existing tenancies on completion. A purchase made at the asking price will reflect a 7.1% net initial yield, assuming the flat is tenanted at market rent.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Veterinarian/Kennel
Building Size
1,122 SF
Year Built
1900
Price
$800,124 CAD
Price Per SF
$713 CAD
Cap Rate
7.10%
NOI
$56,809 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.21
Land Acres
0.12 AC
Frontage
30 ft on Hamble Lane
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54 Hamble Ln
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