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15 High St 796 SF 100% Leased Retail Building Cinderford GL14 2SE $371,982 CAD ($467.31 CAD/SF) 6.75% Cap Rate
INVESTMENT HIGHLIGHTS
- Shared courtyard garden
- Self contained building
- Separate entrance for the commercial element
EXECUTIVE SUMMARY
Ground floor office accommodation with 2 bedroom flat above. The ground floor is currently occupied by Caremark(Herefordshire and Forest of Dean) with a lease start date of 1st April 2023 until 31st March 2026 with a mutual break option on the 31st March 2025. Current rental of £7,500 pa. The flat is currently let on an assured shorthold tenancy
agreement with a rental of £6000 pa.
agreement with a rental of £6000 pa.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
796 SF
Building Class
B
Year Built
1960
Price
$371,982 CAD
Price Per SF
$467.31 CAD
Cap Rate
6.75%
NOI
$25,109 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.91
Lot Size
0.02 AC
Frontage
24’ on High Street
AMENITIES
- Bus Line
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NEARBY MAJOR RETAILERS
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MATTERPORT 3D EXTERIOR
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Toombs & Toombs Properties
15 High St
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