142 Bucks Rd
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
142 Bucks Rd
880 SF Retail Building Douglas IM1 3AJ $212,618 ($242/SF) 7.06% Cap Rate
Investment Highlights
- Large corner site
- First floor storage
- Glazed frontage
Executive Summary
The freehold interest of the property subject to the existing tenancy or with vacant possession is available to purchase at £169,950.
The property was leased for a term of 5 years from 7 th August 2018 to 6th August 2023 at a passing rent of £12,000 pa. The landlord and tenant are in the process of agreeing a lease extension of 2 years at a new rent of £13,800 pa. A copy of the expired lease is available to interested parties.
The property was leased for a term of 5 years from 7 th August 2018 to 6th August 2023 at a passing rent of £12,000 pa. The landlord and tenant are in the process of agreeing a lease extension of 2 years at a new rent of £13,800 pa. A copy of the expired lease is available to interested parties.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Building Size
880 SF
Year Built
1898
Price
$212,618
Price Per SF
$242
Cap Rate
7.06%
NOI
$15,013
Tenancy
Single
Building Height
2 Stories
Building FAR
1.35
Lot Size
0.01 AC
Frontage
16 FT on Bucks Rd
Amenities
- 24 Hour Access
1 of 1
Nearby Major Retailers
Learn More About Investing in Retail Properties
1 of 4
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
142 Bucks Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.