54 Princes Rd - Bar FOR SALE


Buckhurst Hill, ESS IG9 5EE
$1,100,000 USD
54 Princes Rd, Buckhurst Hill, ESS for Sale
$1,100,000 USD
Bar - FOR SALE
1/10
null | 7% Cap Rate

54 Princes Rd
Buckhurst Hill, ESS IG9 5EE


HIGHLIGHTS

  • Freehold public house investment
  • Entire property let to a private individual
  • Lease expires December 2033

OVERVIEW

The property comprises the ground, basement and first floor of a two storey corner building with painted rendered elevations beneath a pitched and hipped roof. The property is held freehold (Title Number EX459277). The entire property is let to to a private individual on a lease expiring 18 December 2033 at a current rent of £81,506 per annum which is subject to annual RPI increases with a collar of 2% and cap of 5%. A rent deposit of £11,691 is held by the landlord.

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$440 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Three Colts

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bar

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,538 SF

ZONING

-

APN/PARCEL ID

EX459277

ASK ABOUT THIS PROPERTY

Stuart StaresSavillsMore Info

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Stuart StaresSavillsMore Info

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