8 Finkle St
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8 Finkle St
9,349 SF Retail Building Workington CA14 2AY $316,452 ($34/SF) 9.60% Cap Rate
Investment Highlights
- The subject property is located on Finkle Street, a tertiary trading location for the town.
- The town is well served by the A595 and A596 trunk roads, and by rail to Carlisle linking with the West Coast Main Line.
- Nearby a number of national retailers including Sports Direct, Iceland, VPZ, William Hill and Greggs all have presence.
Executive Summary
The property is available for sale and offers in the region of £250,000 exclusive are invited for the freehold investment.
The property is LET on a new lease, expiring August 2029 at a
rent of £24,000 per annum exclusive to a private individual. The
lease is on a FRI basis and has a rental deposit deed in place.
The property is LET on a new lease, expiring August 2029 at a
rent of £24,000 per annum exclusive to a private individual. The
lease is on a FRI basis and has a rental deposit deed in place.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
9,349 SF
Building Class
B
Year Built
1969
Price
$316,452
Price Per SF
$34
Cap Rate
9.60%
NOI
$30,379
Tenancy
Single
Building Height
4 Stories
Building FAR
0.48
Land Acres
0.45 AC
Frontage
49 FT on Finkle Street
Amenities
- 24 Hour Access
- Energy Performance Rating - C
- Storage Space
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Carigiet Cowen
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8 Finkle St
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