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46 Marine Rd 1,031 SF Retail Building Abergele LL22 7PR $113,766 ($110.34/SF) 8.24% Cap Rate
INVESTMENT HIGHLIGHTS
- Good Frontage
- Popular Residential Location
- Great Transport Links
EXECUTIVE SUMMARY
An investment opportunity to acquire a leasehold ground floor shop premises with the bonus of a current long term lease with
an established Bookmakers currently providing a regular income of £7000 per annum. The property is amongst other well established businesses and enjoys regular footfall and passing traffic.
an established Bookmakers currently providing a regular income of £7000 per annum. The property is amongst other well established businesses and enjoys regular footfall and passing traffic.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
1,031 SF
Building Class
C
Year Built
1975
Price
$113,766
Price Per SF
$110.34
Cap Rate
8.24%
NOI
$9,369
Tenancy
Single
Building Height
4 Stories
Building FAR
0.47
Lot Size
0.05 AC
Frontage
32’ on Marine Road
AMENITIES
- Energy Performance Rating - C
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46 Marine Rd
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