19-29 Queen St - Industrial FOR SALE


Torquay, DEV TQ1 1RQ
$325,000 USD
180-392-6090
19-29 Queen St, Torquay, DEV for Sale
$325,000 USD
Industrial - FOR SALE
1/5
null | 16.43% Cap Rate

19-29 Queen St
Torquay, DEV TQ1 1RQ


HIGHLIGHTS

  • Multi let industrial property
  • Town Centre Location
  • Further potential for increased income with unit 19 (currently vacant)

OVERVIEW

Freehold subject to the current occupational leases. Guide price of £325,000. 5x Let on Commercial Agreements Generating £53,400p.a. The property is arranged as six commercial units across ground and first floor levels. Five of the units are currently let and are utilised for light industrial/ storage uses. The units are currently generating a gross rental income of £53,400 per annum. The first floor of 19 Pimlico is vacant and has a potential to be let for approximately £7,200 per annum.

FOR SALE DETAILS

PRICE

$325,000 USD

PRICE/SF

$18 USD /SF

CAP RATE

16.43%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1950

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.26

LAND SF

11,152

ZONING

-

APN/PARCEL ID

DN452363,DN4814,DN778491

ASK ABOUT THIS PROPERTY

Paul BettesworthBettesworths LtdMore Info
180-392-6090

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Paul BettesworthBettesworths LtdMore Info
180-392-6090

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