43 Montreal Rd
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43 Montreal Rd
1,308 SF 100% Leased Retail Building Brighton BN2 9UY $575,117 ($440/SF) 6.22% Cap Rate
Investment Highlights
- God road connections
- Close to Brighton mainline station
- Amenities nearby
Executive Summary
The premises comprise ground floor Laundrette with 2 bedroom flat over accessed at the rear arranged as follows:
LAUNDRETTE 610 sq ft
• Rear door to Quebec Street
OFFICE/COUNTER 184 sq ft
• WC + HWF
SMALL OFFICE 34 sq ft
SEPARATE BASEMENT 300 sq ft
LAUNDRETTE 610 sq ft
• Rear door to Quebec Street
OFFICE/COUNTER 184 sq ft
• WC + HWF
SMALL OFFICE 34 sq ft
SEPARATE BASEMENT 300 sq ft
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold/Long Leasehold
Property Subtype
Storefront Retail/Residential
Building Size
1,308 SF
Year Built
1990
Price
$575,117
Price Per SF
$440
Cap Rate
6.22%
NOI
$35,785
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.30
Lot Size
0.02 AC
Frontage
23 FT on Montreal Road
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43 Montreal Rd
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