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32 High St 493 SF 100% Leased Retail Building Botley SO30 2EA $600,609 ($1,218.27/SF) 4.90% Cap Rate
INVESTMENT HIGHLIGHTS
- Sought after village
- Nearby occupiers include The Nail Rooms, Botley Dental Care, The Co-op, Post Office and many more
- Ground floor commercial unit with residential uppers
EXECUTIVE SUMMARY
Offers invited in the region of £450,000 for the freehold interest subject to contract and subject to the existing tenancies.
A purchase at this level shows a Net Initial Yield of 4.9% after allowing usual buyers costs.
A purchase at this level shows a Net Initial Yield of 4.9% after allowing usual buyers costs.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Building Size
493 SF
Year Built
1900
Price
$600,609
Price Per SF
$1,218.27
Cap Rate
4.90%
NOI
$29,430
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.44
Lot Size
0.03 AC
Frontage
21’ on High Street
1 1
NEARBY MAJOR RETAILERS
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32 High St
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