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116-116a Regent St 856 SF Retail Building Leamington Spa CV32 4NR $600,609 ($701.65/SF) 4.89% Cap Rate
INVESTMENT HIGHLIGHTS
- High footfall area
- Amenities nearby
- Good road connections
EXECUTIVE SUMMARY
The property is to be sold subject to an occupational lease. The ground floor is let to Terzetto Stone on internal repairing and insuring terms on a lease dated 18th September 2017 for a term of 10 years at a passing rent of £22,000 per annum.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
856 SF
Building Class
C
Year Built
1910
Price
$600,609
Price Per SF
$701.65
Cap Rate
4.89%
NOI
$29,363
Tenancy
Single
Building Height
3 Stories
Frontage
31’ on Regent Street
AMENITIES
- Security System
- Energy Performance Rating - E
- Storage Space
1 1
NEARBY MAJOR RETAILERS
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116-116a Regent St
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