Canterbury Rd - Bar FOR SALE


Challock, KEN TN25 4BB
$1,050,000 USD
Canterbury Rd, Challock, KEN for Sale
$1,050,000 USD
Bar - FOR SALE
1/6
null | 7.83% Cap Rate

Canterbury Rd
Challock, KEN TN25 4BB


HIGHLIGHTS

  • Freehold public house investment
  • Entire property let to B Road Hunting Club Limited
  • Lease expires January 2043

OVERVIEW

Freehold public house investment for sale let until January 2043 at a current rent of £87,024 per annum The property is held freehold (Title Number K825975). The entire property is let to B Road Hunting Club Limited on a 20 year lease from 16 January 2023 at a current rent of £87,024 per annum which is subject to five yearly open market reviews and annual RPI increases with a collar of 2% and cap of 5% (except in the open market review year). A rent deposit of £20,851 is held by the landlord. We are instructed to invite offers in excess of £1,050,000 (7.83% NIY)

FOR SALE DETAILS

PRICE

$1,050,000 USD

PRICE/SF

$147 USD /SF

CAP RATE

7.83%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

STAG

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bar

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1890

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

1.3 AC

LAND SF

56,728 SF

ZONING

-

APN/PARCEL ID

K825975

ASK ABOUT THIS PROPERTY

Stuart StaresSavillsMore Info

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

Stuart StaresSavillsMore Info

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