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21-25 PROMENADE & 20 CLARENCE STREET 2 Retail Properties Offered at $5,819,230 in Cheltenham
EXECUTIVE SUMMARY
Seeking offers of £4,360,000 for our client’s interest, subject to contract and exclusive of VAT. A purchase at this price reflects a Net Initial Yield of 8%.
PROPERTY FACTS
| Price | $5,819,230 | Number of Properties | 2 |
| Price / SF | $656.87 / SF | Individually For Sale | 0 |
| Cap Rate | 8% | Total Building Size | 8,859 SF |
| Sale Type | Investment | Total Land Area | 0.09 AC |
| Status | Active |
| Price | $5,819,230 |
| Price / SF | $656.87 / SF |
| Cap Rate | 8% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 8,859 SF |
| Total Land Area | 0.09 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 23-25 Promenade, Cheltenham GL50 1LE | Retail | 7,401 SF | 1822 | - |
| 20-21 Clarence St, Cheltenham GL50 3JL | Retail | 1,458 SF | 1830 | - |
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21-25 PROMENADE & 20 CLARENCE STREET
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