Newton Rd
Winwick WA2 8RD
Project Pit Stop · Retail Property For Sale
·
24,661 SF Total
INVESTMENT HIGHLIGHTS
- 100% let with tenants including Starbucks, KFC, IN ‘n’ OUT, Greggs, Costa, Burger King, Source EV and Osprey Charging Network
- Current topped up rent of £977,699 per annum which reflects a low average rent of £35.34 per sq ft
- Total floor area of 26,717 sq ft
EXECUTIVE SUMMARY
Instructed to seek offers for the portfolio in excess of £15,963,000 (Fifteen Million, Nine Hundred and Sixty Three Thousand Pounds) subject to contract and exclusive of VAT. This is based on a topped up rent of £977,699 per annum. A purchase at this level will reflect a blended net initial yield of 5.76% after allowing for purchaser’s costs of 6.74%, on a portfolio basis.
PROPERTY FACTS
| Price / SF | $874.49 / SF |
| Cap Rate | 5.76% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 10 |
| Individually For Sale | 0 |
| Total Building Size | 24,661 SF |
| Total Land Area | 22.35 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
|
Burger King
Newton Rd, Winwick WA2 8RD |
Retail | 2,738 SF | 1998 | - |
| Beverley Rd, Hull HU10 6ED | Retail | 2,756 SF | 2021 | - |
| Beverley Rd, Hull HU10 6ED | Retail | 1,820 SF | 2021 | - |
|
In ''N'' Out
Towcester Rd, Northampton NN1 1BQ |
Retail | 3,362 SF | 2006 | - |
|
KFC
1 Maesbury Road Industrial Estate, Oswestry SY10 8NN |
Retail | 2,532 SF | 2013 | - |
|
Starbucks
Shrewsbury Rd, Oswestry SY10 8NN |
Retail | 1,856 SF | 2013 | - |
|
OK Diner
Shrewsbury Rd, Oswestry SY11 4QA |
Retail | 1,570 SF | 2016 | - |
|
In N Out Service and MOT Centre
Axletree Way, Wednesbury WS10 9QY |
Retail | 4,432 SF | - | - |
|
Greggs
Goldsmith Ave, Ossett WF5 9TH |
Retail | 2,000 SF | 2023 | - |
|
Costa Coffee
Goldsmith Av, Ossett WF5 9TH |
Retail | 1,595 SF | 2023 | - |
