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The Maltings Merrywalks 4,010 SF Vacant Retail Building Stroud GL5 1QA $1,700,379 ($424.03/SF) 4.20% Cap Rate
Investment Highlights
- Prominent mixed-use property adjacent to the Five Valleys Shopping Centre and Vue Cinema
- Approximately 4,010 sq ft of vacant commercial accommodation over ground and lower-ground floors.
- Eight residential flats with seven currently generating rental income
Executive Summary
Mixed-use town-centre investment comprising a substantial four-storey building with eight residential flats to the upper floors and vacant commercial accommodation across the ground and lower-ground floors. Seven of the eight flats are currently let producing income, whilst one flat and the entire commercial accommodation are vacant, providing asset management, letting and conversion potential subject to obtaining any necessary consents. The property occupies a prominent position close to the Five Valleys Shopping Centre, Vue Cinema and Stroud railway station.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Restaurant
Building Size
4,010 SF
Building Class
B
Year Built
1902
Price
$1,700,379
Price Per SF
$424.03
Cap Rate
4.20%
NOI
$71,416
Percent Leased
Vacant
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.40
Lot Size
0.23 AC
Parking
21 Spaces (5.24 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Security System
Space Availability
- Space
- Size
- Space Use
- Position
- Available
The property is available by way of a new effectively FRI Lease at a commencing rental of £40,000 p.a. exclusive, for a term of years to be agreed.
| Space | Size | Space Use | Position | Available |
| Ground | 4,010 SF | Retail | In-Line | Now |
Ground
| Size |
| 4,010 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Ground
| Size | 4,010 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
The property is available by way of a new effectively FRI Lease at a commencing rental of £40,000 p.a. exclusive, for a term of years to be agreed.
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Nearby Major Retailers
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Presented by
The Maltings | Merrywalks
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