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1 New Wynd 1,914 sq ft Retail Unit Offered at £235,000 in Montrose DD10 8RF
Investment Highlights
- Car parking.
- Large glazed frontage.
- Destination property.
Executive Summary
The property comprises a mid terraced single storey retail unit.
Property Facts
| Total Property Size | 22,110 sq ft | Typical Floor Size | 19,587 sq ft |
| Property Type | Retail (Unit) | Year Built | 2004 |
| Property Subtype | Shopfront | Total Plot Size | 0.55 ac |
| Costar Property Class | B | Parking Allocation | 1/1,000 sq ft |
| Floors | 1 |
| Total Property Size | 22,110 sq ft |
| Property Type | Retail (Unit) |
| Property Subtype | Shopfront |
| Costar Property Class | B |
| Floors | 1 |
| Typical Floor Size | 19,587 sq ft |
| Year Built | 2004 |
| Total Plot Size | 0.55 ac |
| Parking Allocation | 1/1,000 sq ft |
Amenities
- Security System
- Storage Space
1 Unit Available
Unit 3
| Unit Size | 1,914 sq ft | Sale Type | Investment |
| Price | £235,000 | Tenure | Freehold |
| Price Per sq ft | £122.78 | Net Initial Yield | 7.08% |
| Unit Use | Retail | NOI | £16,638 |
| Unit Size | 1,914 sq ft |
| Price | £235,000 |
| Price Per sq ft | £122.78 |
| Unit Use | Retail |
| Sale Type | Investment |
| Tenure | Freehold |
| Net Initial Yield | 7.08% |
| NOI | £16,638 |
Description
Internally, the space is fitted out in accordance with the tenants corporate specifications.
Sale Notes
Investment property for sale. Dominos pizza currently occupies the property will a long lease expiring 2037.
The property is available on a freehold basis of £240,000.
1 1
Major Tenant Information
| TENANT | sq ft Occupied | LEASE END DATE |
|---|---|---|
| Domino's Pizza UK |
1,915 sq ft
|
January 2037
|
Nearby Major Retailers
1 of 4
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