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2 Dockhead St 1,625 SF Retail Condo Unit Offered at $318,990 in Saltcoats KA21 5EG
INVESTMENT HIGHLIGHTS
- Corner retail unit
- Let to Ladbrokes betting & gaming retailer
- Established location
EXECUTIVE SUMMARY
The subjects are located on the South side of Dockhead Street at its junction with Quay Street within the town centre of Saltcoats. The subjects are situated in a mixed commercial and residential area with variety of occupiers.
PROPERTY FACTS
| Total Building Size | 1,625 SF | Typical Floor Size | 1,625 SF |
| Property Type | Retail (Condo) | Year Built | 1950 |
| Property Subtype | Storefront Retail/Residential | Tenancy | Single |
| Building Class | B | Lot Size | 0.04 AC |
| Floors | 2 |
| Total Building Size | 1,625 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront Retail/Residential |
| Building Class | B |
| Floors | 2 |
| Typical Floor Size | 1,625 SF |
| Year Built | 1950 |
| Tenancy | Single |
| Lot Size | 0.04 AC |
AMENITIES
- Signage
1 UNIT AVAILABLE
Unit 2
| Unit Size | 1,625 SF | Sale Type | Investment |
| Price | $318,990 | Tenure | Freehold |
| Price Per SF | $196.30 | Cap Rate | 9.30% |
| Condo Use | Retail | NOI | $29,666.06 |
| Unit Size | 1,625 SF |
| Price | $318,990 |
| Price Per SF | $196.30 |
| Condo Use | Retail |
| Sale Type | Investment |
| Tenure | Freehold |
| Cap Rate | 9.30% |
| NOI | $29,666.06 |
DESCRIPTION
The subjects comprise of ground floor retail space of 1,625 square feet. Internally fitted out with laminated timber flooring, suspended tile ceiling with fluorescent strip lighting.
SALE NOTES
Retail investment for sale. Former Ladbrookes occupy the retail unit with their lease to expire on the 27th Nov 2027, with the passing rent of £26,500 per annum.
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NEARBY MAJOR RETAILERS
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2 Dockhead St
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