• Broker Andy Price 7798656360

Iceland Preston St 6,989 SF Retail Building Whitehaven CA28 9DL $1,689,352 CAD ($241.72 CAD/SF) 9.50% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Located on edge of town centre next to Aldi & Home Bargains
  • Good road links
  • Shared site with Aldi and a total of 118 car spaces

EXECUTIVE SUMMARY

AP Investment are instructed to seek offers in excess of £920,000 (Nine Hundred & Twenty Thousand Pounds) subject to contract and exclusive of VAT. A purchase at this price would reflect a net initial yield of 9.5%, assuming costs of purchase of 5.7%.

ATTACHMENTS

Brochure

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Tenure
Long Leasehold
Property Subtype
Supermarket
Building Size
6,989 SF
Year Built
1996
Price
$1,689,352 CAD
Price Per SF
$241.72 CAD
Cap Rate
9.50%
NOI
$160,488 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
1.80 AC
Parking
118 Spaces (16.88 Spaces per 1,000 SF Leased)
Frontage
66’ on Preston Street

AMENITIES

  • Energy Performance Rating - B
  • Automatic Blinds

LINKS

NEARBY MAJOR RETAILERS

Ww - Weight Watchers
National Westminster Bank Plc
HSBC
Santander
Iceland
Morrisons
ASDA
Tesco Superstore
Barclays

MAP

ADDITIONAL PHOTOS

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View Photo Interior
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