60-62 Highgate
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60-62 Highgate
3,564 SF Retail Building Kendal LA9 4TF £295,000 (£83/SF) 6.40% Net Initial Yield
Investment Highlights
- Let to Scope who have Shareholder Funds of £43m
- Grade II Listed Building
- New 5 year Lease at market rent
Executive Summary
The property is available for sale, offers in excess of £295,000, which reflects a net initial yield of 6.4% after purchaser’s costs of 3.24%.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Health Club
Building Size
3,564 SF
Building Class
B
Year Built
1822
Price
£295,000
Price Per SF
£83
Net Initial Yield
6.40%
NOI
£18,880
Tenancy
Single
Number of Floors
4
Building FAR
0.88
Lot Size
0.09 AC
Parking
3 Spaces (0.84 Spaces per 1,000 SF Leased)
Frontage
25 ft on Highgate
MAJOR TENANTS Click Here to Access
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease End
- Service type
- -
- -
- Jan 0000
Scope, the disability equality charity in England and Wales. They provide practical information and emotional support when it's most needed, and campaign relentlessly to create a fairer society.
Tenant | Industry | SF OCCUPIED | RENT/SF | Lease End | ||
Service type | - | - | Jan 0000 |
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60-62 Highgate
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