86 Chase Side 4,873 SF Retail Building London N14 5PH $1,779,054 CAD ($365.08 CAD/SF) 4.98% Cap Rate
INVESTMENT HIGHLIGHTS
- Entire building let to Jenna Restaurants Limited T/A Nurjenna
- Lease expiry on 28th September 2041 (16 years unexpired)
- Current Rental Income of £50,000 pax
EXECUTIVE SUMMARY
The property is a mid-terrace three-storey being part of a retail parade built in the 1930's of brick construction with a double pitched titles roof and which had been extended to the rear at the ground floor level under a flat asphalt roof.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
4,873 SF
Building Class
B
Year Built
1856
Price
$1,779,054 CAD
Price Per SF
$365.08 CAD
Cap Rate
4.98%
NOI
$88,597 CAD
Tenancy
Single
Building Height
3 Stories
Building FAR
2.35
Lot Size
0.05 AC
Frontage
14’ on Chase Side
AMENITIES
- Security System
- Storage Space
- Air Conditioning
1 of 1
NEARBY MAJOR RETAILERS
