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30-32 Bridge St 4,431 SF 100% Leased Retail Building Ellon AB41 9AA $811,271 ($183.09/SF) 11.38% Cap Rate
Investment Highlights
- Town centre location.
- Great transport links
- Destination property.
Executive Summary
Offers in excess of £600,000 for our client’s interest in the subjects.
A purchase at this level would reflect a net initial yield of 11.38% after allowing for purchaser’s costs based on Land and Building Transaction Tax (LBTT).
The seven commercial units (known as Units 1 to 7) are situated within an attractive retail parade which is of single-storey construction..
A purchase at this level would reflect a net initial yield of 11.38% after allowing for purchaser’s costs based on Land and Building Transaction Tax (LBTT).
The seven commercial units (known as Units 1 to 7) are situated within an attractive retail parade which is of single-storey construction..
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Office
Building Size
4,431 SF
Building Class
C
Year Built
1900
Price
$811,271
Price Per SF
$183.09
Cap Rate
11.38%
NOI
$92,323
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.90
Lot Size
0.11 AC
Frontage
51’ on 32 Bridge St
Amenities
- Signage
- Storage Space
1 1
Nearby Major Retailers
1 of 6
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1 of 1
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30-32 Bridge St
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