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45-47A South St
5,591 SF Retail Condo Unit Offered at $1,296,496 in Dorchester DT1 1DQ
INVESTMENT HIGHLIGHTS
- Good road connections
- Close to residential area
- Amenities nearby
EXECUTIVE SUMMARY
The surrounding area is characterised by national retailers including Waterstones, New Look, Caffe Nero and Fat Face. Tudor Arcade is nearby which is anchored by a Waitrose supermarket.
PROPERTY FACTS
| Price | $1,296,496 | Building Class | B |
| Unit Size | 5,591 SF | Floors | 2 |
| No. Units | 1 | Typical Floor Size | 7,794 SF |
| Total Building Size | 15,588 SF | Year Built | 1972 |
| Property Type | Retail (Condo) | Lot Size | 0.29 AC |
| Property Subtype | Storefront Retail/Office | Sale Condition | Auction Sale |
| Sale Type | Investment |
| Price | $1,296,496 |
| Unit Size | 5,591 SF |
| No. Units | 1 |
| Total Building Size | 15,588 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront Retail/Office |
| Sale Type | Investment |
| Building Class | B |
| Floors | 2 |
| Typical Floor Size | 7,794 SF |
| Year Built | 1972 |
| Lot Size | 0.29 AC |
| Sale Condition | Auction Sale |
1 UNIT AVAILABLE
Unit 46
| Unit Size | 5,591 SF | Tenure | Freehold |
| Price | $1,296,496 | Cap Rate | 9.93% |
| Price Per SF | $231.89 | NOI | $128,784.80 |
| Condo Use | Retail | Sale Conditions | Auction Sale |
| Sale Type | Investment |
| Unit Size | 5,591 SF |
| Price | $1,296,496 |
| Price Per SF | $231.89 |
| Condo Use | Retail |
| Sale Type | Investment |
| Tenure | Freehold |
| Cap Rate | 9.93% |
| NOI | $128,784.80 |
| Sale Conditions | Auction Sale |
DESCRIPTION
The property occupies a prime pitch with frontages to the pedestrianised South Street and Trinity Street to the rear, the street is also the principal pedestrian thoroughfare from several town centre car parks, with approx. 415 spaces.
SALE NOTES
The property comprises a high yielding retail investment and development opportunity situated on a prime pedestrianised pitch in Dorchester.
AMENITIES
- Energy Performance Rating - C
- Storage Space
NEARBY MAJOR RETAILERS
Presented by
45-47A South St
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