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110 South St 626 SF Retail Condo Unit Offered at $600,688 in St Andrews KY16 9QD
Investment Highlights
- Located centrally in St Andrews
- Short distance from the coast
Executive Summary
The property comprises two adjoining buildings connecting at first floor level over a pend. On the west side of the pend is a traditional stone built two storey and attic building under a pitched and slated roof. This is connected at first floor to a modern, more extensive, stone built pitched and slated building. The property is located within the core town centre of St Andrews being located on the south side of South Street in close proximity to Madras College (South Street), the Holy Trinity Church and the connecting streets of Logie’s Lane, Church Street and Queens Gardens.
Property Facts
| Total Building Size | 4,610 SF | Floors | 2 |
| Property Type | Retail (Condo) | Typical Floor Size | 1,551 SF |
| Property Subtype | Storefront Retail/Office | Year Built | 1990 |
| Building Class | B | Parking Ratio | 1.08/1,000 SF |
| Total Building Size | 4,610 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront Retail/Office |
| Building Class | B |
| Floors | 2 |
| Typical Floor Size | 1,551 SF |
| Year Built | 1990 |
| Parking Ratio | 1.08/1,000 SF |
Amenities
- Security System
1 Unit Available
Unit 110
| Unit Size | 626 SF | Sale Type | Investment |
| Price | $600,688 | Tenure | Freehold |
| Price Per SF | $959.57 | Cap Rate | 6.00% |
| Condo Use | Retail | NOI | $36,041.28 |
| Unit Size | 626 SF |
| Price | $600,688 |
| Price Per SF | $959.57 |
| Condo Use | Retail |
| Sale Type | Investment |
| Tenure | Freehold |
| Cap Rate | 6.00% |
| NOI | $36,041.28 |
Description
The subjects are accessed via a pedestrian door with UPVC double glazed windows and comprise open plan reception and waiting area with two treatment rooms located off and a rear kitchen and W.C. There is a single car parking space to the rear included.
Sale Notes
The subjects are let to Footmed healthcare Services Limited with property rental guarantee. The lease is on full repairing and insuring terms and expires 14th March 2029. The annual rent is £27,500. A copy of the lease can be provided to all serious interested parties.
Nearby Major Retailers
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110 South St
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