6-7 High St - Storefront FOR SALE


Stratford Upon Avon, WAR CV37 6AU
$1,615,000 USD
6-7 High St, Stratford Upon Avon, WAR for Sale
$1,615,000 USD
Storefront - FOR SALE
1/3
null | 7% Cap Rate

6-7 High St
Stratford Upon Avon, WAR CV37 6AU


HIGHLIGHTS

  • The property is an attractive mid 19th century retail unit across the ground, first and second floors
  • The property occupies a strategic position on the main retailing pitch, on the High Street, located close to the confluence of all the major shopping
  • Stratford Upon Avon benefits from excellent transport connections through the A46 which provides access to the M40 connecting the town to Birmingham

OVERVIEW

The property is entirely let to Gail’s Limited until July 2034 at a total passing rent of £120,000 per annum. WE ARE INSTRUCTED TO SEEK OFFERS IN EXCESS OF £1,615,000 NET INITIAL YIELD 7.00% Subject to contract and exclusive of VAT. Yields are net of purchaser’s costs of 6.15%

FOR SALE DETAILS

PRICE

$1,615,000 USD

PRICE/SF

$293 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1600

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

-

APN/PARCEL ID

WK404749,WK460391

ASK ABOUT THIS PROPERTY

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