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24-25 Horsefair 2,905 SF Retail Building Kidderminster DY10 2EN $261,780 ($90.11/SF) 8.70% Cap Rate
Investment Highlights
- Signage
- Versatile use
- Roller shutters
- Natural light
Executive Summary
Freehold Investment Opportunity - Business Unaffected. An extremely rare opportunity to purchase this commercial premises. Comprising of two commercial units, these premises provide an ideal investment opportunity as they are positioned on a busy trunk road close to Kidderminster Town Centre. Premises are currently occupied by well-established businesses. Fully let and producing a gross annual income of £17,500 per annum, giving a gross yield of 8.7% before costs.
Total NIA 270 sq mtr/ 2905.2 sq ft.
Total NIA 270 sq mtr/ 2905.2 sq ft.
Property Facts Sale Pending
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
2,905 SF
Building Class
C
Year Built
1900
Price
$261,780
Price Per SF
$90.11
Cap Rate
8.70%
NOI
$22,775
Tenancy
Single
Building Height
2 Stories
Building FAR
1.09
Lot Size
0.06 AC
Frontage
45’ on Horse Fair
1 1
Nearby Major Retailers
1 of 6
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Presented by
24-25 Horsefair
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