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Longmarket Shopping Centre Longmarket 34,546 SF 100% Leased Retail Building Canterbury CT1 2JS $9,990,893 ($289.21/SF) 9% Cap Rate
Investment Highlights
- Excellent transport links with a direct journey time by train to London St Pancras of 56 minutes
- High footfall
- One of the largest, most prominent estates within Canterbury City Centre
Executive Summary
Offers in excess of £7,350,000 (Seven Million Three Hundred and Fifty Thousand Pounds), subject to contract and exclusive of VAT, reflecting a Net Initial Yield of 9.00% allowing for graduated purchasers costs.
A purchase at this level reflects a low capital value of circa £213 psf.
A purchase at this level reflects a low capital value of circa £213 psf.
Property Facts Sale Pending
Sale Type
Investment
Property Type
Retail
Tenure
Long Leasehold
Property Subtype
Storefront
Building Size
34,546 SF
Building Class
B
Year Built
1800
Price
$9,990,893
Price Per SF
$289.21
Cap Rate
9%
NOI
$899,180
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.13
Lot Size
0.70 AC
Frontage
Amenities
- Courtyard
- Security System
- Storage Space
- Air Conditioning
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Nearby Major Retailers
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Longmarket Shopping Centre | Longmarket
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