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17 High St 3,512 SF Retail Building High Wycombe HP11 2BH $3,186,666 CAD ($907.37 CAD/SF) 6.25% Cap Rate
Investment Highlights
- Town Centre Restaurant let to Turkuaz Wycombe Limited T/A The Olive Tree High Wycombe
- Great transport links
- 5No. residential flats let on Assured Shorthold Tenancies.
Executive Summary
The freehold investment is available at a price of £1,725,000 subject to contract and exclusive of VAT, which equates to a net initial yield of approximately 6.25% after assuming normal purchasers costs and rising to a minimum of 6.54% on the 20th March 2028 when the restaurant rent increases to a minimum of £50,000 pax
Tenure: Freehold
Tenure: Freehold
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
3,512 SF
Building Class
B
Year Built
1910
Price
$3,186,666 CAD
Price Per SF
$907.37 CAD
Cap Rate
6.25%
NOI
$199,167 CAD
Tenancy
Single
Building Height
4 Stories
Building FAR
0.90
Lot Size
0.09 AC
Parking
2 Spaces (0.57 Spaces per 1,000 SF Leased)
Frontage
28’ on High St
Amenities
- Bus Line
- Courtyard
- Dedicated Turn Lane
- Security System
- Storage Space
- Balcony
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Nearby Major Retailers
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Videos
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Photos
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Map
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17 High St
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