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1-9 Bridge Street 2,448 SF 100% Leased Retail Building Newark NG24 1EE $1,256,954 CAD ($513.46 CAD/SF) 6.46% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Freehold Property Investment
  • Grade II* Listed Building
  • 5 Let Retail Units
  • Potential To Convert Upper Floors To 6 Flats

EXECUTIVE SUMMARY

A freehold investment property comprising five retail shops producing a gross income of £43,600 per annum, and upper floors with potential for residential conversion subject to planning consent. Pre-application Planning Advice on a scheme for six flats has been obtained and proposed unit drawings prepared by David Dakin Architects.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
2,448 SF
Building Class
C
Year Built
1893
Price
$1,256,954 CAD
Price Per SF
$513.46 CAD
Cap Rate
6.46%
NOI
$81,190 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Frontage
92’ on Bridge Street

NEARBY MAJOR RETAILERS

Costa Coffee
Starbucks
Morrisons
NatWest Ltd
Barclays
Anytime Fitness
YMCA
Iceland
Santander
Lloyds Bank
  • Listing ID: 37497942

  • Date on Market: 2025-09-01

  • Last Updated:

  • Address: 1-9 Bridge Street, Newark NG24 1EE

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