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INVESTMENT HIGHLIGHTS
- Prominent Commercial Road Location
- Two designated parking spaces to the rear
- Close to Town Centre
EXECUTIVE SUMMARY
11/12 Commercial Road is prominently located, close to the Regent Circus end of Commercial Road and the town centre retail areas. It is an established location for financial and professional services occupiers such as insurance brokers, estate agents and recruitment agencies.
PROPERTY FACTS Sale Pending
| Total Building Size | 2,434 SF | Floors | 2 |
| Property Type | Retail (Condo) | Typical Floor Size | 1,217 SF |
| Property Subtype | Storefront Retail/Office | Year Built | 1960 |
| Building Class | B |
| Total Building Size | 2,434 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront Retail/Office |
| Building Class | B |
| Floors | 2 |
| Typical Floor Size | 1,217 SF |
| Year Built | 1960 |
AMENITIES
- Bus Line
1 UNIT AVAILABLE
Unit 11-12
| Unit Size | 1,131 SF | Sale Type | Investment |
| Price | $201,394 | Tenure | Freehold/Long Leasehold |
| Price Per SF | $178.07 | Cap Rate | 9.60% |
| Condo Use | Office | NOI | $19,333.79 |
| Unit Size | 1,131 SF |
| Price | $201,394 |
| Price Per SF | $178.07 |
| Condo Use | Office |
| Sale Type | Investment |
| Tenure | Freehold/Long Leasehold |
| Cap Rate | 9.60% |
| NOI | $19,333.79 |
DESCRIPTION
The first floor office space has direct street level access and provides good quality accommodation incorporating a kitchen and two separate office areas, along with 2 tandem car parking spaces to the rear.
SALE NOTES
Rare investment opportunity, £150,000 exclusive.
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NEARBY MAJOR RETAILERS
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11-12 Commercial Rd
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