43 Montreal Rd 1,308 SF 100% Leased Retail Building Brighton BN2 9UY £450,000 (£344.04/SF) 6.22% Net Initial Yield
INVESTMENT HIGHLIGHTS
- God road connections
- Close to Brighton mainline station
- Amenities nearby
EXECUTIVE SUMMARY
The premises comprise ground floor Laundrette with 2 bedroom flat over accessed at the rear arranged as follows:
LAUNDRETTE 610 sq ft
• Rear door to Quebec Street
OFFICE/COUNTER 184 sq ft
• WC + HWF
SMALL OFFICE 34 sq ft
SEPARATE BASEMENT 300 sq ft
LAUNDRETTE 610 sq ft
• Rear door to Quebec Street
OFFICE/COUNTER 184 sq ft
• WC + HWF
SMALL OFFICE 34 sq ft
SEPARATE BASEMENT 300 sq ft
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold/Long Leasehold
Property Subtype
Storefront Retail/Residential
Building Size
1,308 SF
Year Built
1990
Price
£450,000
Price Per SF
£344.04
Net Initial Yield
6.22%
NOI
£28,000
Percent Leased
100%
Tenancy
Multiple
Number of Floors
3
Building FAR
1.30
Lot Size
0.02 AC
Frontage
23 ft on Montreal Road
1 of 1
NEARBY MAJOR RETAILERS
CONTACT
-
Tom Graves -
Tom Graves Commercial Property Agency
