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81 Hamilton Rd 3,013 SF Retail Condo Unit Offered at $632,886 in Felixstowe IP11 7BE
INVESTMENT HIGHLIGHTS
- Hamilton Road is the prime retail street in the town
- End cap position
- The subject property is at the best pitch on this pedestrianised road
EXECUTIVE SUMMARY
Felixstowe is an attractive seaside and port town in Suffolk. Felixstowe Port is the largest container port in the UK. Hamilton Road is the prime retail street in the town and the subject property is at the best pitch on this pedestrianised road.
PROPERTY FACTS Sale Pending
| Total Building Size | 3,784 SF | Typical Floor Size | 1,680 SF |
| Property Type | Retail (Condo) | Year Built | 1900 |
| Building Class | B | Tenancy | Single |
| Floors | 2 | Lot Size | 0.09 AC |
| Total Building Size | 3,784 SF |
| Property Type | Retail (Condo) |
| Building Class | B |
| Floors | 2 |
| Typical Floor Size | 1,680 SF |
| Year Built | 1900 |
| Tenancy | Single |
| Lot Size | 0.09 AC |
AMENITIES
- Storage Space
- Smoke Detector
1 UNIT AVAILABLE
Unit 81
| Unit Size | 3,013 SF | Sale Type | Investment |
| Price | $632,886 | Tenure | Freehold/Long Leasehold |
| Price Per SF | $210.05 | Cap Rate | 8.00% |
| Condo Use | Retail | NOI | $50,630.89 |
| Unit Size | 3,013 SF |
| Price | $632,886 |
| Price Per SF | $210.05 |
| Condo Use | Retail |
| Sale Type | Investment |
| Tenure | Freehold/Long Leasehold |
| Cap Rate | 8.00% |
| NOI | $50,630.89 |
DESCRIPTION
Ground floor sales 3,013 sq ft with first floor ancillary space at 1,260 sq ft.
The property comes with parking for 4 cars
SALE NOTES
81 Hamilton Road for sale at £475,000 plus VAT.
Let to Superdrug Stores PLC from 19th November 2024 for 5 years on FRI terms with a tenant only break option after year 3.
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NEARBY MAJOR RETAILERS
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81 Hamilton Rd
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