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South St
1,137 SF Retail Condo Unit Offered at $755,673 CAD in Romford RM1 1TE
Investment Highlights
- The asking price is £425,000 - £450,000 representing a gross initial yield of 9.41%
- The property comprises a long leasehold investment opportunity for sale.
- Lot 51 is available for sale at an Allsop online auction to be held on Thursday 2nd May 2024.
Executive Summary
The property is arranged on ground floor only and forms part of a larger building, the remainder of which is not included within the property to be sold. The lease provides the right to park 2 private cars in the car parking spaces.
Property Facts
| Price | $755,673 CAD | Floors | 3 |
| Unit Size | 1,137 SF | Typical Floor Size | 5,565 SF |
| No. Units | 1 | Year Built | 1980 |
| Total Building Size | 16,776 SF | Lot Size | 0.43 AC |
| Property Type | Office (Condo) | Parking Ratio | 1.33/1,000 SF |
| Sale Type | Investment | Sale Conditions | Auction Sale |
| Building Class | B |
| Price | $755,673 CAD |
| Unit Size | 1,137 SF |
| No. Units | 1 |
| Total Building Size | 16,776 SF |
| Property Type | Office (Condo) |
| Sale Type | Investment |
| Building Class | B |
| Floors | 3 |
| Typical Floor Size | 5,565 SF |
| Year Built | 1980 |
| Lot Size | 0.43 AC |
| Parking Ratio | 1.33/1,000 SF |
| Sale Conditions | Auction Sale |
1 Unit Available
Unit 148
| Unit Size | 1,137 SF | Sale Type | Investment |
| Price | $755,673 CAD | Tenure | Long Leasehold |
| Price Per SF | $664.62 CAD | Sale Conditions | Auction Sale |
| Condo Use | Retail |
| Unit Size | 1,137 SF |
| Price | $755,673 CAD |
| Price Per SF | $664.62 CAD |
| Condo Use | Retail |
| Sale Type | Investment |
| Tenure | Long Leasehold |
| Sale Conditions | Auction Sale |
Description
The property is arranged on ground floor only and forms part of a larger building, the remainder of which is not included within the property to be sold. The lease provides the right to park 2 private cars in the car parking spaces
Sale Notes
Leasehold. To be held on a lease for 999 years from completion at a peppercorn ground rent
Amenities
- Security System
- Energy Performance Rating - C
- Automatic Blinds
- Storage Space
-
Gregor Campbell -
Allsop
Presented by
South St
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