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15 High St 796 SF 100% Leased Retail Building Cinderford GL14 2SE $272,926 ($342.87/SF) 6.75% Cap Rate
Investment Highlights
- Shared courtyard garden
- Self contained building
- Separate entrance for the commercial element
Executive Summary
Ground floor office accommodation with 2 bedroom flat above. The ground floor is currently occupied by Caremark(Herefordshire and Forest of Dean) with a lease start date of 1st April 2023 until 31st March 2026 with a mutual break option on the 31st March 2025. Current rental of £7,500 pa. The flat is currently let on an assured shorthold tenancy
agreement with a rental of £6000 pa.
agreement with a rental of £6000 pa.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
796 SF
Building Class
B
Year Built
1960
Price
$272,926
Price Per SF
$342.87
Cap Rate
6.75%
NOI
$18,422
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.91
Lot Size
0.02 AC
Frontage
24’ on High Street
Amenities
- Bus Line
1 1
Nearby Major Retailers
1 of 4
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Toombs & Toombs Properties
15 High St
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