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47 West Castle St 401 SF 100% Leased Retail Building Bridgnorth WV16 4AD $239,416 ($597.05/SF)
Investment Highlights
- Fully Let Mixed Use Investment With Immediate Income
- Residential Flat Let On Assured Shorthold Tenancy
- Commercial Unit Let To Established Tenant With Strong Local Presence Since 2007
- Current Gross Rental Income of £13,640 Per Annum
Executive Summary
INVESTMENT PROPERTY FOR SALE. Situated in the picturesque and historic market town of Bridgnorth, Shropshire. Freehold investment with strong existing rental income. Ground floor commercial premises let to a long-standing, reputable local barber business since 2007.
Bridgnorth is a thriving historic market town split between High Town and Low Town, offering excellent amenities, schools, and strong transport connections to Shrewsbury, Telford, Wolverhampton, and the wider West Midlands.
Situated in a Conservation area, the premises comprise of ground floor lock-up shop (Businesses unaffected) with flat above. Fully let and producing a gross annual income of £13,640 per annum, generating a yield of 7.58%.
Bridgnorth is a thriving historic market town split between High Town and Low Town, offering excellent amenities, schools, and strong transport connections to Shrewsbury, Telford, Wolverhampton, and the wider West Midlands.
Situated in a Conservation area, the premises comprise of ground floor lock-up shop (Businesses unaffected) with flat above. Fully let and producing a gross annual income of £13,640 per annum, generating a yield of 7.58%.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
401 SF
Building Class
B
Year Built
1865
Price
$239,416
Price Per SF
$597.05
Percent Leased
100%
Building Height
2 Stories
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Nearby Major Retailers
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Doolittle & Dalley
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47 West Castle St
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