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22-23 Morley St 1,604 SF Retail Building Swindon SN1 1SG $624,152 ($389.12/SF) 8.37% Cap Rate
Investment Highlights
- Prime Swindon Town Centre position
- Close to amenities & transport links
- High footfall commercial location
Executive Summary
The ground floor commercial unit is arranged as a retail / hairdressing salon and forms part of a mixed-use freehold building. The unit benefits from a town centre trading position and is fully occupied. The total commercial floor area has not been stated within the available information.
Accommodation Schedule
22 Morley Street
Ground Floor Flat – £800.00 pcm
22A Morley Street
First Floor Flat (Front) – £800.00 pcm
22B Morley Street
First Floor Flat (Rear) – £800.00 pcm
23 Morley Street
Ground Floor Shop – £1,000.00 pcm
Accommodation Schedule
22 Morley Street
Ground Floor Flat – £800.00 pcm
22A Morley Street
First Floor Flat (Front) – £800.00 pcm
22B Morley Street
First Floor Flat (Rear) – £800.00 pcm
23 Morley Street
Ground Floor Shop – £1,000.00 pcm
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
1,604 SF
Building Class
C
Year Built
1928
Price
$624,152
Price Per SF
$389.12
Cap Rate
8.37%
NOI
$52,239
Tenancy
Single
Building Height
2 Stories
Building FAR
1.23
Lot Size
0.03 AC
Parking
2 Spaces (1.93 Spaces per 1,000 SF Leased)
Frontage
26’ on Morley St
Amenities
- Dedicated Turn Lane
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Nearby Major Retailers
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Videos
Matterport 3D Exterior
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Photos
Street View
Street
Map
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22-23 Morley St
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