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New Wynd 1,914 sq ft Retail Unit Offered at £235,000 in Montrose DD10 8AD
Investment Highlights
- Car parking.
- Large glazed frontage.
- Destination property.
Executive Summary
The property comprises a mid terraced single storey retail unit.
1 Unit Available
- Unit
- Unit Size
- Unit Use
- Price
- NOI
| Sale Type | Investment | Tenure | Freehold |
| Net Initial Yield | 7.08% |
| Sale Type | Investment |
| Net Initial Yield | 7.08% |
| Tenure | Freehold |
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.
| Unit | Unit Size | Unit Use | Price | NOI |
| Unit 3 | 1,914 sq ft | Retail | £235,000 (£122.78/sq ft) | £16,638 |
Unit 3
| Unit Size |
| 1,914 sq ft |
| Unit Use |
| Retail |
| Price |
| £235,000 (£122.78/sq ft) |
| NOI |
| £16,638 |
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Map
Unit 3
| Unit Size | 1,914 sq ft |
| Unit Use | Retail |
| Price | £235,000 (£122.78/sq ft) |
| NOI | £16,638 |
| Sale Type | Investment |
| Net Initial Yield | 7.08% |
| Tenure | Freehold |
| Description | |
| Internally, the space is fitted out in accordance with the tenants corporate specifications.</li></ul> | |
| 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.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| 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
- Smoke Detector
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Major Tenant Information
| TENANT | sq ft Occupied | LEASE END DATE |
|---|---|---|
| Domino's Pizza UK |
1,915 sq ft
|
January 2037
|
Nearby Major Retailers
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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New Wynd
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