56-60 Euston Rd - Storefront FOR SALE


Morecambe, LAN LA4 5DG
$250,000 USD
152-496-7570
56-60 Euston Rd, Morecambe, LAN for Sale
$250,000 USD
Storefront - FOR SALE
1/3
null | 11.6% Cap Rate

56-60 Euston Rd
Morecambe, LAN LA4 5DG


HIGHLIGHTS

  • Prominent Town Centre position adjacent to Arndale Shopping Centre.
  • Nearby occupiers include Betfred, Iceland Supermarket and Travelodge.
  • Its location provides convenient access to Lancaster Road and Morecambe Road, two of the main thoroughfares linking Morecambe to Lancaster.

OVERVIEW

Offers in the region of £250,000. 56-58 is currently being marketed to let. 60 is let as a whole by way of a 5 year lease from 10 June 2013 to 9 June 2018 with the Tenant currently holding over at an annual rent of £9,000 per annum exclusive. The lease is granted on Full Repairing and Insuring terms.

FOR SALE DETAILS

PRICE

$250,000 USD

PRICE/SF

$65 USD /SF

CAP RATE

11.6%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1978

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,049 SF

ZONING

-

APN/PARCEL ID

LA678495,LAN241561

ASK ABOUT THIS PROPERTY

Harry HoldenEckersleyMore Info
152-496-7570

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

Harry HoldenEckersleyMore Info
152-496-7570

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