143 High St
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143 High St
1,714 SF 100% Leased Retail Building Elgin IV30 1DS $285,200 ($166/SF) 6.53% Cap Rate
Investment Highlights
- Prime Location on Elgin High Street
- “B” Listed with Attractive Stone Features
- Ground Floor within Traditional Terraced Building
Executive Summary
Cafe investment for sale. Let to TCD & Norah’s. Offers Over £225,000 Invited.Net Initial Yield: 6.53 % Reversionary Yield: 10.88%
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
1,714 SF
Building Class
B
Year Built
1878
Price
$285,200
Price Per SF
$166
Cap Rate
6.53%
NOI
$18,624
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.78
Lot Size
0.05 AC
Frontage
45 FT on High Street
Amenities
- Air Conditioning
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143 High St
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