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74 Whitemoor Rd

1,430 SF Retail Building Kenilworth CV8 2BP $623,878 CAD ($436 CAD/SF) 7.63% Cap Rate

Investment Highlights

  • First Floor Flat
  • Car parking to the front with private car parking and yard to the rear
  • Reflecting a Gross Yield of 7.62%
  • Ground Floor Lock Up Shop
  • Gross Income of £26,700 per annum (exclusive)

Executive Summary

The property is to be sold freehold with the benefit of a 2 years remaining on an FRI lease on the ground floor at a rent of £16,500 per annum. The first floor flat is let on an Assured Shorthold Tenancy producing £850 per calendar month.Total income is £26,700 per annum

Property Facts

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
1,430 SF
Building Class
B
Year Built
1966
Price
$623,878 CAD
Price Per SF
$436 CAD
Cap Rate
7.63%
NOI
$47,593 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.66
Land Acres
0.05 AC
Frontage
14 ft on Whitemoor Road

Amenities

  • Energy Performance Rating - B
  • Storage Space

Nearby Major Retailers

Anytime Fitness
Sainsbury's
Waitrose & Partners
Costa Coffee
Coventry Building Society
Ask Restaurants Ltd
Lloyds Bank Plc
Fossato Lounge
Loch Fyne Seafood & Grill
NatWest
  • Listing ID: 33214890

  • Date on Market: 2024-09-18

  • Last Updated:

  • Address: 74 Whitemoor Rd, Kenilworth CV8 2BP

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