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12-14 Barnton St 1,702 SF Retail Condo Unit Offered at $238,550 in Stirling FK8 1NA
Investment Highlights
- Fully Let Investment Opportunity
- Wide Frontage
- Solid Transport Links
Executive Summary
This property comprises retail accommodation of masonry cosntruction.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | Tenure | Freehold |
| Cap Rate | 8.45% |
| Sale Type | Investment |
| Cap Rate | 8.45% |
| Tenure | Freehold |
Description
The subjects comprise a prominent ground and lower ground floor retail unit, forming part of a traditional stone built tenement building. The property features a large, highly visable glazed display frontage with a recessed customer entrance, offering excellent signage opportunities to maximise passing trade. Internally, the accommodation is arranged to provide a bright, open-plan front sales area, which is easily adaptable to a variety of retail or professional service layouts. To the rear, the property includes a consultation room and sales desk, whilst the basement consists of a staff room, dedicated storage and WC facilities.
Sale Notes
We are seeking offers over £180,000 (exclusive of VAT). A purchase at this level
would reflect a Net Initial Yield of 8.45%, assuming purchasers costs of 1.97%.
would reflect a Net Initial Yield of 8.45%, assuming purchasers costs of 1.97%.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 12 | 1,702 SF | Retail | $238,550 ($140.16/SF) | $20,157.44 |
Unit 12
| Unit Size |
| 1,702 SF |
| Condo Use |
| Retail |
| Price |
| $238,550 ($140.16/SF) |
| NOI |
| $20,157.44 |
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Unit 12
| Unit Size | 1,702 SF |
| Condo Use | Retail |
| Price | $238,550 ($140.16/SF) |
| NOI | $20,157.44 |
| Sale Type | Investment |
| Cap Rate | 8.45% |
| Tenure | Freehold |
| Description | |
| The subjects comprise a prominent ground and lower ground floor retail unit, forming part of a traditional stone built tenement building. The property features a large, highly visable glazed display frontage with a recessed customer entrance, offering excellent signage opportunities to maximise passing trade. Internally, the accommodation is arranged to provide a bright, open-plan front sales area, which is easily adaptable to a variety of retail or professional service layouts. To the rear, the property includes a consultation room and sales desk, whilst the basement consists of a staff room, dedicated storage and WC facilities.</li></ul> | |
| Sale Notes | |
| We are seeking offers over £180,000 (exclusive of VAT). A purchase at this level<br> would reflect a Net Initial Yield of 8.45%, assuming purchasers costs of 1.97%.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 2,470 SF | Typical Floor Size | 1,274 SF |
| Property Type | Retail (Condo) | Year Built | 1800 |
| Building Class | B | Tenancy | Single |
| Floors | 5 |
| Total Building Size | 2,470 SF |
| Property Type | Retail (Condo) |
| Building Class | B |
| Floors | 5 |
| Typical Floor Size | 1,274 SF |
| Year Built | 1800 |
| Tenancy | Single |
Amenities
- Security System
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Nearby Major Retailers
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Street View
Street
Map
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12-14 Barnton St
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