N. Donnell Beaton
P. O. Box 355
Baddeck, Nova Scotia,
Canada
Phone (902) 295-3390
e-mail: donbeaton@mac.com
N. Donnell Beaton
P. O. Box 355
Baddeck, Nova Scotia,
Canada
Phone (902) 295-3390
e-mail: donbeaton@mac.com
PROPOSED SALE OF THE LOCATION
KNOWN AS
THE SWITCHBOARD
Baddeck, Nova Scotia
Cape Breton Island
Canada
The Old Telephone Office Circa 1886, A wooden structure built around 1886. It housed the telephone exchange until the dial system came to Baddeck.
During the last number of years it has served as an eating establishment basically dealing very successfully in quick easy to prepare meals. It is presently occupied by a successful gift shop called “Arlies ”.
This building is ideally situated in the centre of the Village of Baddeck and is suitable for any type of business enterprise. It is located in a High Traffic area, it has an Excellent store front location, it has ample parking, and has lots of potential as prime retail or service, And has an excellent Income in the form of Rentals.
There is a five year lease on the Business floor and one year leases on the Apartments.
The area is zoned ‘Commercial/Residential’
The building also contains the Old Switchboard and Telephones which were used back in the 1800 and 1900’s.
ANNUAL AVERAGE INCOME from RENT
is approximately $40,000.00
A list of past years expenses will be detailed and sent on request.
TWO METHODS HAVE BEEN DETERMINED IN PRICING THE SWITCHBOARD BUILDING AND PROPERTY, and may be examined upon request.
1. A Replacement Cost Approach
and
2. A Comparative Cost (comparing the cost to prices of other buildings in the Business Area which have sold over a period of time
also
don.beaton@ns.sympatico.ca
Consider !---YOU WOULD BE RECEIVING NOT ONLY AN EXCELLENT BUILDING, BUT AN EXCELLENT LOCATION, ALONG WITH THE POTENTIAL RENTAL INCOME OF $45,000.00 YEARLY.