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2 Dockhead St 1,625 sq ft Retail Unit Offered at £239,000 in Saltcoats KA21 5EG
INVESTMENT HIGHLIGHTS
- Corner retail unit
- Let to Ladbrokes betting & gaming retailer
- Established location
EXECUTIVE SUMMARY
The subjects are located on the South side of Dockhead Street at its junction with Quay Street within the town centre of Saltcoats. The subjects are situated in a mixed commercial and residential area with variety of occupiers.
PROPERTY FACTS
| Total Property Size | 1,625 sq ft | Typical Floor Size | 1,625 sq ft |
| Property Type | Retail (Unit) | Year Built | 1950 |
| Property Subtype | Shopfront Retail / Residential | Tenancy | Single |
| Costar Property Class | B | Total Plot Size | 0.04 ac |
| Floors | 2 |
| Total Property Size | 1,625 sq ft |
| Property Type | Retail (Unit) |
| Property Subtype | Shopfront Retail / Residential |
| Costar Property Class | B |
| Floors | 2 |
| Typical Floor Size | 1,625 sq ft |
| Year Built | 1950 |
| Tenancy | Single |
| Total Plot Size | 0.04 ac |
AMENITIES
- Signage
1 UNIT AVAILABLE
Unit 2
| Unit Size | 1,625 sq ft | Sale Type | Investment |
| Price | £239,000 | Tenure | Freehold |
| Price Per sq ft | £147.08 | Net Initial Yield | 9.30% |
| Unit Use | Retail | NOI | £22,227 |
| Unit Size | 1,625 sq ft |
| Price | £239,000 |
| Price Per sq ft | £147.08 |
| Unit Use | Retail |
| Sale Type | Investment |
| Tenure | Freehold |
| Net Initial Yield | 9.30% |
| NOI | £22,227 |
DESCRIPTION
The subjects comprise of ground floor retail space of 1,625 square feet. Internally fitted out with laminated timber flooring, suspended tile ceiling with fluorescent strip lighting.
SALE NOTES
Retail investment for sale. Former Ladbrookes occupy the retail unit with their lease to expire on the 27th Nov 2027, with the passing rent of £26,500 per annum.
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NEARBY MAJOR RETAILERS
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2 Dockhead St
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