Log In/Sign Up
Your email has been sent.
Portwall House 5 Bank St 1,519 SF 100% Leased Office Building Chepstow NP16 5EL $437,257 ($287.86/SF) 7.38% Cap Rate
Investment Highlights
- Freehold investment
- Three-storey commercial property
- Retail and office accommodation
Executive Summary
Freehold commercial investment occupying a prominent corner position at the head of Bank Street in Chepstow town centre. The Grade II Listed property extends to approximately 1,520 sq ft over ground, first and second floors and is sold subject to an existing lease producing a current passing rent of £24,000 per annum exclusive, increasing to £25,000 per annum exclusive. The accommodation comprises ground-floor retail space with first and second-floor office and ancillary accommodation. The property benefits from prominent display frontage, rear access and nearby public parking.
Property Facts
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Building Size
1,519 SF
Building Class
B
Year Built
1990
Price
$437,257
Price Per SF
$287.86
Cap Rate
7.38%
NOI
$32,270
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
506 SF
Building FAR
1.74
Lot Size
0.02 AC
Amenities
- Security System
- Storage Space
- Smoke Detector
1 1
1 of 10
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Portwall House | 5 Bank St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.