St James St - Storefront FOR SALE
Newport, IOW PO30 5HF |
$2,560,000 USD
198-321-4719
St James St
Newport, IOW PO30 5HF
HIGHLIGHTS
- Towngate Retail Park is highly prominent and sits within the main retail warehouse cluster on the island
- The subject property is situated in Newport, the administrative centre of the Isle of Wight
- Let to established national retailers; Halfords, Snap Fitness and Benson For Beds
- The property totals 20,093 sq ft producing a net rental income of £224,920 pa, reflecting a low average rent of £11.65 psf
FOR SALE DETAILS
PRICE
$2,560,000 USD
PRICE/SF
$127 USD /SF
CAP RATE
8.25%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Towngate Retail Park
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1981
SPRINKLERS
-
PARKING SPACES
90
LAND DETAILS
LAND ACRES
1.37 AC
LAND SF
59,677 SF
ZONING
-
APN/PARCEL ID
IW45917,IW83683,IW84900
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198-321-4719
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198-321-4719
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