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114 Coventry St 1,776 SF Retail Building Kidderminster DY10 2BH $211,662 CAD ($119.18 CAD/SF)
INVESTMENT HIGHLIGHTS
- Investment let at £14,000 p.a. (12.17% GIY on guide).
- Let on a new 5 year lease from August 2023.
- Comprising of Ground & 1st floor office; An approx. 1,776 sq ft.
- Future development potential to convert upper floors into residential dwelling.
EXECUTIVE SUMMARY
A freehold mid terrace two storey property forming part of an established and busy shopping parade; let on a new 5 year lease from August 2023.
The property is mid terrace 2 storey property forming part of a busy and established shopping parade and comprises of office space at ground and first floor level (first floor accessed via internal stair case). Nearby occupiers include Poundland, Specsavers, Subway as well as wide range of local and independent retailers.
The property is mid terrace 2 storey property forming part of a busy and established shopping parade and comprises of office space at ground and first floor level (first floor accessed via internal stair case). Nearby occupiers include Poundland, Specsavers, Subway as well as wide range of local and independent retailers.
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Auction Sale
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
1,776 SF
Building Class
B
Year Built
1969
Price
$211,662 CAD
Price Per SF
$119.18 CAD
Tenancy
Single
Building Height
2 Stories
Frontage
22’ on Coventry Street
AMENITIES
- Security System
- Signage
- Storage Space
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NEARBY MAJOR RETAILERS
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114 Coventry St
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