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The Stile 3 Harrow St 3,274 SF Retail Building Wolverhampton WV1 4PB $661,845 ($202.15/SF) 9.36% Cap Rate
Investment Highlights
- A period property comprising a public house and large isolated beer garden, formerly a bowling green.
- The front of the property is characterful with bay windows and intricate wooden fascias.
- Located in the suburbs of Wolverhampton with good footfall.
Executive Summary
We are instructed to seek offers in excessof £485,000 (Four hundred and eighty five thousand pounds) subject to contract and exclusive of VAT. A purchase at this level reflects a Net Initial Yield of 9.36%
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Bar
Building Size
3,274 SF
Building Class
B
Year Built
1890
Price
$661,845
Price Per SF
$202.15
Cap Rate
9.36%
NOI
$61,949
Tenancy
Single
Building Height
2 Stories
Building FAR
0.26
Lot Size
0.29 AC
Frontage
86’ on Harrow Street
Amenities
- 24 Hour Access
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Nearby Major Retailers
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Videos
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Photos
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Street
Map
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Presented by
The Stile | 3 Harrow St
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