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1 Smith Street & 4-6 Le Pollet 1 Smith St 8,140 SF Retail Building Lafayette GY1 1ZD $4,656,484 ($572.05/SF) 6.16% Cap Rate
INVESTMENT HIGHLIGHTS
- prime retail position
- pedestrianised area where footfall is high
- prominent Listed building
EXECUTIVE SUMMARY
The Property is prominently located at the junction of Smith Street, Le Pollet and the High Street, which is the centre point of the town centre and the prime retail pitch. A purchase at this level reflects a Net Initial Yield of 6.16% after allowing for the deduction of purchasers costs.
PROPERTY FACTS Sale Pending
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Bank
Building Size
8,140 SF
Building Class
B
Year Built
1865
Price
$4,656,484
Price Per SF
$572.05
Cap Rate
6.16%
NOI
$286,839
Tenancy
Single
Building Height
5 Stories
AMENITIES
- Security System
- Storage Space
1 1
NEARBY MAJOR RETAILERS
Fifth Third Bank
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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1 Smith Street & 4-6 Le Pollet | 1 Smith St
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