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114-116 Stricklandgate 3,752 SF Office Building Kendal LA9 4QA $912,680 ($243.25/SF) 8.02% Cap Rate
Investment Highlights
- Great location
- Attractive stone and slate building
- Public transport access
Executive Summary
The tenant has advised that they are willing to enter a new 10 year lease with a 5 year break option, at the
current passing rental.
current passing rental.
Property Facts
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Building Size
3,752 SF
Building Class
B
Year Built
1900
Price
$912,680
Price Per SF
$243.25
Cap Rate
8.02%
NOI
$73,197
Tenancy
Single
Building Height
4 Stories
Typical Floor Size
938 SF
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114-116 Stricklandgate
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