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We Better Jarretts Yard 9,091 SF Retail Building Margate CT9 1BW $272,848 ($30.01/SF) 10.48% Cap Rate
Investment Highlights
- Detached two-storey building
- 0.57-acre freehold site
- 20 on-site car parking spaces
Executive Summary
The accommodation comprises purpose-built leisure space arranged over ground and first floors. The ground floor provides an indoor hydrotherapy pool, reception area, changing facilities and WCs, while the first floor comprises a gym, exercise studio and physiotherapy room. The layout is suited to leisure, fitness, rehabilitation and wellbeing occupiers.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Health Club
Building Size
9,091 SF
Building Class
B
Year Built
1990
Price
$272,848
Price Per SF
$30.01
Cap Rate
10.48%
NOI
$28,608
Tenancy
Single
Building Height
1 Story
Building FAR
0.37
Lot Size
0.57 AC
Parking
23 Spaces (3.84 Spaces per 1,000 SF Leased)
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Nearby Major Retailers
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We Better | Jarretts Yard
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