Russell St - Office FOR SALE


Sidmouth, DEV EX10 8DD
$120,000 USD
Russell St, Sidmouth, DEV for Sale
$120,000 USD
Office - FOR SALE
1/4
null | 5% Cap Rate

Russell St
Sidmouth, DEV EX10 8DD


HIGHLIGHTS

  • Town centre location
  • One dedicated parking space
  • Pedestrian access to the building is via the private car park through the rear courtyard

OVERVIEW

The property is let for a term of 6 years from 1st July 2022 to Gilbert Stephens Solicitors LLP on full repairing and insuring terms. There is a tenants option to break on the 30th June 2025 subject to 6 months prior written notice. The passing rent is £6,000 per annum, subject to review on 1st July 2025.

FOR SALE DETAILS

PRICE

$120,000 USD

PRICE/SF

$126 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Mossop Cottage

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

1

LAND DETAILS

LAND ACRES

0.02 AC

LAND SF

895 SF

ZONING

-

APN/PARCEL ID

DN566260

ASK ABOUT THIS PROPERTY

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