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24-24a Cheshire St 1,157 SF 100% Leased Retail Building Market Drayton TF9 1PF $532,540 ($460.28/SF) 8.25% Cap Rate
INVESTMENT HIGHLIGHTS
- Located in the centre of a popular market town
- Scope for further asset management and potential rental uplift on the residential lets
- Established retail tenant on ground and residential above
EXECUTIVE SUMMARY
Freehold mixed use investment opportunity. Price £399,000 and an annual income of £32,900 per annum making a gross yield of 8.25%.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
1,157 SF
Building Class
B
Year Built
1896
Price
$532,540
Price Per SF
$460.28
Cap Rate
8.25%
NOI
$43,935
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Building FAR
1.01
Lot Size
0.03 AC
AMENITIES
- Storage Space
1 1
NEARBY MAJOR RETAILERS
1 of 4
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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24-24a Cheshire St
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