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Investment Highlights
- Currently occupied by the well established Elaichi Indian Restaurant.
- Located on the prominent A6 within the popular market town of Belper.
- Passing rent of £18,500 per annum exclusive on a 15 year lease commencing 29th November 2011.
- Available to purchase at £300,000.
Executive Summary
Property features
Currently occupied by the well established Elaichi Indian Restaurant.
Passing rent of £18,500 per annum exclusive on a 15 year lease commencing 29th November 2011.
Located on the prominent A6 within the popular market town of Belper.
Available to purchase at £300,000.
Currently occupied by the well established Elaichi Indian Restaurant.
Passing rent of £18,500 per annum exclusive on a 15 year lease commencing 29th November 2011.
Located on the prominent A6 within the popular market town of Belper.
Available to purchase at £300,000.
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$25,246
|
$10.06
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$25,246
|
$10.06
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $25,246 |
| Annual Per SF | $10.06 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $25,246 |
| Annual Per SF | $10.06 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Restaurant
Building Size
2,510 SF
Building Class
C
Year Built
1940
Price
$409,389
Price Per SF
$163.10
Cap Rate
6%
NOI
$24,563
Tenancy
Single
Building Height
3 Stories
Building FAR
1.73
Lot Size
0.03 AC
Frontage
66’ on Bridge Street
Amenities
- Bus Line
- Restaurant
- Security System
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Elaichi
- -
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Elaichi | - | - | - | - |
1 1
Nearby Major Retailers
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Presented by
84 Bridge St
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