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32-34 St. Helens Rd 1,599 SF Retail Building Westcliff On Sea SS0 7LB $867,546 ($542.56/SF) 4.65% Cap Rate
INVESTMENT HIGHLIGHTS
- Investment
- Freehold
- 1397 Approx Sq Ft
EXECUTIVE SUMMARY
Comprising a well regarded & long established Restaurant trading for over 40 years in approx. 1,400 sq ft let with an income of £18,000, a s/c 2 bedroom flat above let with an income of £12,225 per annum & an elegant Air B&B business producing additional income.
Fully equipped commercial kitchen & adjoining prep room with walk-in cold room in a total of some 478 sq ft Rear yard with store and fire escape access. All floor areas are approximate and have been calculated on a Gross Internal (GIA) basis.
Fully equipped commercial kitchen & adjoining prep room with walk-in cold room in a total of some 478 sq ft Rear yard with store and fire escape access. All floor areas are approximate and have been calculated on a Gross Internal (GIA) basis.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Restaurant
Building Size
1,599 SF
Building Class
B
Year Built
1977
Price
$867,546
Price Per SF
$542.56
Cap Rate
4.65%
NOI
$40,341
Tenancy
Single
Building Height
2 Stories
Building FAR
0.58
Lot Size
0.06 AC
Frontage
72’ on Saint Helen's Road
AMENITIES
- Signage
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NEARBY MAJOR RETAILERS
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32-34 St. Helens Rd
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