142 Bucks Rd - Retail FOR SALE


Douglas, IOM IM1 3AJ
$169,950 USD
142 Bucks Rd, Douglas, IOM for Sale
$169,950 USD
Retail - FOR SALE
1/3
null | 7.06% Cap Rate

142 Bucks Rd
Douglas, IOM IM1 3AJ


HIGHLIGHTS

  • Large corner site
  • Glazed frontage
  • First floor storage

OVERVIEW

The freehold interest of the property subject to the existing tenancy or with vacant possession is available to purchase at £169,950. The property was leased for a term of 5 years from 7 th August 2018 to 6th August 2023 at a passing rent of £12,000 pa. The landlord and tenant are in the process of agreeing a lease extension of 2 years at a new rent of £13,800 pa. A copy of the expired lease is available to interested parties.

FOR SALE DETAILS

PRICE

$169,950 USD

PRICE/SF

$193 USD /SF

CAP RATE

7.06%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1898

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Thomas ChapmanChapman & CompanyMore Info

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Thomas ChapmanChapman & CompanyMore Info

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