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102-104 Argyll St
Dunoon PA23 7NE

Retail Property For Sale

Shops & Retail Properties Argyll And Bute Dunoon 102-104 Argyll St, Dunoon, AGB PA23 7NE

Investment Highlights

  • Prominent roadside location.
  • Destination seaside town
  • Great footfall Area

Executive Summary

Offers over £145,000 are invited reflecting a Net Initial Yield of 10.48% after purchaser’s costs.
The property is currently let to Semi Chem on full repairing and insuring terms from 12th September 2019 for a 5 year lease expiring 10th April 2025 at a current passing rent of £16,000 per annum. There is a Tenant Break Option on 31st January 2023 with 6 months prior written notice being required.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
1,710 SF
Year Built
1898
Price
£125,000
Price Per SF
£73
Net Initial Yield
12.60%
NOI
£15,750
Tenancy
Single
Number of Floors
2
Building FAR
0.95
Lot Size
0.04 AC
Frontage
28 ft on Argyll Street

Amenities

  • 24 Hour Access

Links

 

  • Listing ID: 26056291

  • Date on Market: 30/06/2022

  • Last Updated:

  • Address: 102-104 Argyll St, Dunoon PA23 7NE

The Retail Property at 102-104 Argyll St, Dunoon, PA23 7NE is currently available for sale. Contact J & E Shepherd for more information.

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