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3-5 Minster St 1,440 SF 100% Leased Retail Building Salisbury SP1 1TB $666,196 ($462.64/SF) 6.60% Cap Rate
INVESTMENT HIGHLIGHTS
- Heavy daytime footfall
- Situated in a densely populated area
- Great local amenities
EXECUTIVE SUMMARY
Offers are invited in excess of £500,000 reflecting a NIY of 6.2% (assuming purchasers' costs of 5.5%)
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
1,440 SF
Building Class
B
Year Built
1550
Price
$666,196
Price Per SF
$462.64
Cap Rate
6.60%
NOI
$43,969
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.65
Lot Size
0.02 AC
Frontage
27’ on Minster St
1 1
NEARBY MAJOR RETAILERS
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3-5 Minster St
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