• Broker Ben Freckingham 1664431330

Kiosk Castle Sq

325 SF Retail Building Sheffield S1 2GF $221,716 CAD ($682.20 CAD/SF) 10.42% Cap Rate

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INVESTMENT HIGHLIGHTS

  • City Centre Retail Kiosk
  • Single storey property
  • Rear ancillary storage

EXECUTIVE SUMMARY

The property is let on a 10 year lease from 8th May 2015 on fully repairing and insuring terms. Following the review in 2020 the current passing rent is £12,500 per annum plus VAT.
A new reversionary lease has been agreed from 8th May 2025 at £13,000 pax

ATTACHMENTS

Castle Sq - Brochure

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Tenure
Long Leasehold
Property Subtype
Storefront
Building Size
325 SF
Building Class
B
Year Built
1999
Price
$221,716 CAD
Price Per SF
$682.20 CAD
Cap Rate
10.42%
NOI
$23,095 CAD
Tenancy
Single
Building Height
1 Story
Slab To Slab
9’
Building FAR
0.42
Lot Size
0.02 AC
Frontage
102’ on High Street

AMENITIES

  • Bus Line

NEARBY MAJOR RETAILERS

Starbucks
Coventry Building Society
HSBC
Caffe Nero
Bank of Scotland
NatWest
Lidl
Lloyds Bank
German Doner Kebab
Sainsbury's

Map of Castle Sq Sheffield, SYK S1 2GF

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