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1-9B George St 9,251 SF Retail Building Clitheroe BB7 9TH $3,972,300 ($429.39/SF) 7.88% Cap Rate
Investment Highlights
- Great location
- Signage
- Public transport access
Executive Summary
Offers in excess of £3,000,000 for the freehold interest, STC. A purchase at this level reflects the following investment profile NIY of 7.88% and reversionary yield of 10%. This is after a 7.27% purchasers cost.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
9,251 SF
Building Class
C
Year Built
1890
Price
$3,972,300
Price Per SF
$429.39
Cap Rate
7.88%
NOI
$313,017
Tenancy
Single
Building Height
3 Stories
Building FAR
0.80
Lot Size
0.26 AC
Frontage
131’ on George Street
Amenities
- Storage Space
- Smoke Detector
1 1
Nearby Major Retailers
1 of 10
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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1-9B George St
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