Farndon Ferry | 5 North End
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!
Farndon Ferry 5 North End
3,077 SF Retail Building Farndon NG24 3SX $1,143,843 ($372/SF) 7.91% Cap Rate
Investment Highlights
- Ground floor restaurant
- Riverside location
- 2 Bedroom bungalow for managers
Executive Summary
The property and business has been tenanted and run by the same team for many years. The freehold owners have decided to sell the investment due to relocation purposes. The passing rent is £70,799 per annum and the lease expires 10th October 2027. The tenant is free from any ties to breweries and are responsible for fully maintaining the buildings and paying all utilities and relevant insurances. The lease is within the landlord and tenant act, with the next rent review due October 2027.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Building Size
3,077 SF
Year Built
1980
Price
$1,143,843
Price Per SF
$372
Cap Rate
7.91%
NOI
$90,484
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
0.38 AC
Parking
5 Spaces (1.62 Spaces per 1,000 SF Leased)
1 of 1
1 of 18
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Farndon Ferry | 5 North End
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.