Log In/Sign Up
Your email has been sent.
12-14 Dam St 527 SF Retail Condo Unit Offered at $269,251 in Lichfield WS13 6AA
Investment Highlights
- Grade II listed
- Prominent and busy location
- Rare freehold opportunity
Executive Summary
The property comprises a mixed use building of masonry construction, arranged over two floors with retail space at ground level and residential space above. The property is prominently located mid-way along the pedestrianised Dam Street, which links Market Place with Lichfield Cathedral and Stowe Pool on the edge of the main retail area in the heart of the historic city centre. Neighbouring occupiers in the immediate locality include Body Beautiful, Silks Hair and Glover Priest Solicitors.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | Tenure | Freehold |
| Sale Type | Investment |
| Tenure | Freehold |
Description
The premises are a Grade II listed two storey property let to Richard Overton trading as The Olde Nook Cafe and comprises ground floor sales/seating area leading through to a serving area and kitchen to the rear. A staircase off the front area leads to additional first floor seating together with two WCs to the rear.
Sale Notes
Freehold subject to the following tenancy:
The property is let to Richard Overton trading as The Olde Nook on the basis of a 9 year lease from 20th March 2015 at a rental of £12,000 per annum, (currently holding over). A copy of the lease is available on request.
The property is let to Richard Overton trading as The Olde Nook on the basis of a 9 year lease from 20th March 2015 at a rental of £12,000 per annum, (currently holding over). A copy of the lease is available on request.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 14 | 527 SF | Retail | $269,251 ($510.91/SF) | - |
Unit 14
| Unit Size |
| 527 SF |
| Condo Use |
| Retail |
| Price |
| $269,251 ($510.91/SF) |
| NOI |
| - |
1 of 7
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Unit 14
| Unit Size | 527 SF |
| Condo Use | Retail |
| Price | $269,251 ($510.91/SF) |
| NOI | - |
| Sale Type | Investment |
| Tenure | Freehold |
| Description | |
| The premises are a Grade II listed two storey property let to Richard Overton trading as The Olde Nook Cafe and comprises ground floor sales/seating area leading through to a serving area and kitchen to the rear. A staircase off the front area leads to additional first floor seating together with two WCs to the rear.</li></ul> | |
| Sale Notes | |
| Freehold subject to the following tenancy:<br> The property is let to Richard Overton trading as The Olde Nook on the basis of a 9 year lease from 20th March 2015 at a rental of £12,000 per annum, (currently holding over). A copy of the lease is available on request.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 1,054 SF | Typical Floor Size | 680 SF |
| Property Type | Retail (Condo) | Year Built | 1860 |
| Property Subtype | Storefront | Tenancy | Single |
| Building Class | B | Lot Size | 0.02 AC |
| Floors | 2 |
| Total Building Size | 1,054 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront |
| Building Class | B |
| Floors | 2 |
| Typical Floor Size | 680 SF |
| Year Built | 1860 |
| Tenancy | Single |
| Lot Size | 0.02 AC |
Amenities
- Energy Performance Rating - D
- Storage Space
1 1
Nearby Major Retailers
1 of 3
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
12-14 Dam St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.