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Victoria Sq - Victoria Buildings 4,188 SF Retail Condo Unit Offered at $1,621,643 in Warrington WA4 6LG
PROPERTY FACTS
| Total Building Size | 32,729 SF | Typical Floor Size | 10,829 SF |
| Property Type | Retail (Condo) | Year Built | 1960 |
| Property Subtype | Storefront | Lot Size | 0.50 AC |
| Building Class | C | Parking Ratio | 0.25/1,000 SF |
| Floors | 4 |
| Total Building Size | 32,729 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront |
| Building Class | C |
| Floors | 4 |
| Typical Floor Size | 10,829 SF |
| Year Built | 1960 |
| Lot Size | 0.50 AC |
| Parking Ratio | 0.25/1,000 SF |
AMENITIES
- 24 Hour Access
- Corner Lot
- Security System
- Signage
- Signalized Intersection
- Wheelchair Accessible
- Automatic Blinds
- Storage Space
- Smoke Detector
1 UNIT AVAILABLE
Unit 1-2
| Unit Size | 4,188 SF | Sale Type | Investment |
| Price | $1,621,643 | Tenure | Freehold |
| Price Per SF | $387.21 | Cap Rate | 8.48% |
| Condo Use | Retail | NOI | $137,472.64 |
| Unit Size | 4,188 SF |
| Price | $1,621,643 |
| Price Per SF | $387.21 |
| Condo Use | Retail |
| Sale Type | Investment |
| Tenure | Freehold |
| Cap Rate | 8.48% |
| NOI | $137,472.64 |
DESCRIPTION
The property forms part of the well know Victoria Buildings which comprises 10 units arranged over ground, first and second floors, together with ancillary terraces and pavement seating. The property underwent a comprehensive redevelopment in 2003/04 behind a retained early 1900’s façade and now provides attractive, well configured accommodation fitted out to the current tenants’ trading styles. The Slug & Lettuce is a highly prominent unit and extends 4,188 sq.ft.
SALE NOTES
The asset is let on a FR&I lease to Stonegate Pub Company Limited expiring in July 2033 at a current rent of £103,000 per annum. The tenant extended the original lease term by 5 years in July 2023.
Interior Photo
NEARBY MAJOR RETAILERS
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Victoria Sq - Victoria Buildings
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