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4-6 St Augustines Gate 1,625 SF 100% Leased Retail Building Hull HU12 0EX $342,325 ($210.66/SF) 8.54% Cap Rate
Investment Highlights
- Well located retail investment
- Return of circa 8.54% after purchasers costs
- Two retail units producing £24,000 per annum
Executive Summary
Retail investment located in the East Yorkshire Market Town of Hedon. Comprising two retail units occupied as a cafe and a convenience store producing £24,000 per annum. No 4 being ground and first floor total floor area 105.35 sq m (1,134 sq ft). No 6 being a ground floor unit of 45.24 sq m (487 sq ft). Offers considered in the region of £250,000 which reflects a return of circa 8.54% after purchasers costs.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Office
Building Size
1,625 SF
Building Class
B
Year Built
1990
Price
$342,325
Price Per SF
$210.66
Cap Rate
8.54%
NOI
$29,235
Percent Leased
100%
Building Height
2 Stories
Amenities
- Storage Space
1 1
Nearby Major Retailers
1 of 7
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4-6 St Augustines Gate
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