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1 Tower St 518 SF Retail Building Ludlow SY8 1RL $288,388 CAD ($556.73 CAD/SF) 9.52% Cap Rate
Investment Highlights
- Return frontage to Tower Street and The Bullring
- Further storage, toilet and staffroom within lower ground floor
- Total Ground Floor Net Sales area approximately 518 ft sq (48.12 m sq)
- Suitable for a variety of commercial uses
Executive Summary
The subject property comprises of a lock up shop, arranged across the ground floor and basement. The shop unit forms part of a three-story end of terrace property which is of traditional construction and benefits from a return glazed frontage onto Bullring and Tower Street.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Long Leasehold
Building Size
518 SF
Building Class
B
Year Built
1870
Price
$288,388 CAD
Price Per SF
$556.73 CAD
Cap Rate
9.52%
NOI
$27,455 CAD
Tenancy
Single
Building Height
3 Stories
Building FAR
0.59
Lot Size
0.02 AC
Frontage
18’ on Bull Ring
1 1
Nearby Major Retailers
1 of 6
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1 Tower St
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