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Tesco Burgh Old Rd

4,000 SF Retail Building Skegness PE25 2LJ $2,523,450 CAD ($631 CAD/SF) 5.25% Cap Rate

Retail Space Lincolnshire Skegness Burgh Old Rd, Skegness, LIN PE25 2LJ

Investment Highlights

  • New build
  • Lots of natural light
  • Modern features

Executive Summary

The investment is available at a guide price of£1.4 million, which represents a NIY of 5.25%. Completion of the purchase will be expected
simultaneously with completion of the lease.

Attachments

Available Brochure

Property Facts Sale Pending

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Building Size
4,000 SF
Year Built
2024
Construction Status
Under Construction
Price
$2,523,450 CAD
Price Per SF
$631 CAD
Cap Rate
5.25%
NOI
$132,481 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
3.02 AC
1 of 1

Nearby Major Retailers

Tesco
SPAR
ALDI
ASDA
Lidl
Morrisons
Co-operative Food
Barclays
Lloyds Bank
HSBC
+44 23 8071 3957

Contacts

  • Listing ID: 32929219

  • Date on Market: 2024-08-23

  • Last Updated:

  • Address: Burgh Old Rd, Skegness PE25 2LJ

The Retail Property at Burgh Old Rd, Skegness, PE25 2LJ is currently available for sale. Contact Savills for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

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Tesco | Burgh Old Rd
+44 23 8071 3957 x

Tesco | Burgh Old Rd

1/2

Adam Bullas

+44 23 8071 3957

+44 23 8071 3957

Harry Heffer

+44 23 8071 3982

+44 23 8071 3982

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