3-13 Albert Rd - Storefront CONDO FOR SALE


Colne, LAN BB8 0RY
$180,000 USD
128-245-6677
3-13 Albert Rd, Colne, LAN for Sale
$180,000 USD
Storefront CONDO - FOR SALE
1/9
null | 6.67% Cap Rate

3-13 Albert Rd
Colne, LAN BB8 0RY


HIGHLIGHTS

  • Prime town centre location on busy main road.
  • On street parking immediately in front and rear parking space.
  • Conveniently located within a short drive from junction 14 of the M65 motorway.

OVERVIEW

The property is occupied by Rowlands Pharmacy, a well established Tenant who have occupied the premises for over 15 years and have recently agreed a new 10 year Full Repairing and Insuring Lease at an annual rent of £12,000 per annum. The lease will incorporate a rent review (RPI linked) at the expiration of year 5 with a corresponding Tenant break clause. The Lease is due to commence in November 2023 and a copy of the lease is available upon request.

FOR SALE DETAILS

PRICE

$180,000 USD

PRICE/SF

$133 USD /SF

CAP RATE

6.67%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

8,124 SF

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1890

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,588 SF

ZONING

-

APN/PARCEL ID

LA696326,LA724920,LA724921,LA914958,LAN223092,LAN35202,LAN53176

ASK ABOUT THIS PROPERTY

Ben WatsonPetty Chartered SurveyorsMore Info
128-245-6677

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Ben WatsonPetty Chartered SurveyorsMore Info
128-245-6677

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.