Stores /WMD /West Midlands County /Coventry /Lower Prec
Stores /WMD /West Midlands County /Coventry /Lower Prec

Lower Prec - Storefront FOR SALE


Coventry, WMD CV1 1DS | 
$9,220,000 USD
778-627-5341
Lower Prec, Coventry, WMD for Sale
$9,220,000 USD
Storefront - FOR SALE
1/24
null | 10% Cap Rate
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Lower Prec
Coventry, WMD CV1 1DS

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HIGHLIGHTS

  • The city centre is experiencing substantial regeneration, including the City Centre South project.
  • The centre is fully let following recent lettings to Flip Out and Putt Putt Social.
  • The property benefits from a gross income of £2,231,116 per annum

OVERVIEW

We are instructed to seek offers for the Long leasehold interest of £9.22 Million reflecting a net initial yield off 10% and a lo capital value of £42 per sq ft

FOR SALE DETAILS

PRICE

$9,220,000 USD

PRICE/SF

$42 USD /SF

CAP RATE

10%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Lower Precinct Shopping Centre

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1958

SPRINKLERS

-

PARKING SPACES

524

LAND DETAILS

LAND ACRES

4 AC

LAND SF

174,240 SF

ZONING

-

APN/PARCEL ID

MM100877,MM129381,MM29309,MM38575,MM64483,MM76904,MM85582,MM92457,WK21304,WK85198,WM811532,WM977744

ASK ABOUT THIS PROPERTY

Will LundKnight Frank LLPMore Info
778-627-5341

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Will LundKnight Frank LLPMore Info
778-627-5341

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