11-14 Station Rd - Retail FOR SALE


Codsall, WMD WV8 1BX
$1,400,000 USD
121-214-1977
11-14 Station Rd, Codsall, WMD for Sale
$1,400,000 USD
Retail - FOR SALE
1/1
null | Request Cap Rate

11-14 Station Rd
Codsall, WMD WV8 1BX


HIGHLIGHTS

  • Kenmare House is a freehold detached building
  • Total contracted income for the property is £114,390 per annum
  • The site totals approximately 0.24 acres
  • Kenmare House fronts Station Road

OVERVIEW

Instructed for offers in excess of £1,400,000 (One Million Four Hundred Thousand Pounds), Subject to contract. A purchase at this level reflects a Net Initial Yield of 7.70%, assuming purchases costs of 5.95%. Adopting a 10% yield on the retail properties the upper floor apartments are at a c25% discount to owner occupier vacant possession sale pricing.

FOR SALE DETAILS

PRICE

$1,400,000 USD

PRICE/SF

$418 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Kenmare House

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,733 SF

ZONING

-

APN/PARCEL ID

SF537656

ASK ABOUT THIS PROPERTY

Mark JohnsonMK2 Real Estate LtdMore Info
121-214-1977

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Mark JohnsonMK2 Real Estate LtdMore Info
121-214-1977

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.