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Investment Highlights
- Freehold investment let to national multiple WH Smith
- Strong asset management potential including upper-floor conversion
- Prime position on Cardigan’s main retail pitch
Executive Summary
17–18 High Street comprises a substantial double-fronted retail premises spanning part three, part two and part single storeys, offering an attractive investment anchored by national multiple WH Smith. The property provides a strong trading layout with a large ground-floor sales area supported by extensive ancillary accommodation across the first and second floors, including offices, staffroom, toilets and multiple storage zones. Constructed traditionally of brick under part slate and part flat roof coverings, the building also includes a small rear yard and basement accessed internally from the retail floorplate. The configuration allows for efficient retail operation while also presenting clear longer-term repositioning potential, given the upper-floor layout and the building’s depth. Its prominent dual-fronted glazing enhances visibility and customer access on Cardigan’s prime retail pitch.
The property is available for purchase freehold for £400,000.
The property is available for purchase freehold for £400,000.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
6,155 SF
Building Class
C
Year Built
1940
Price
$744,227 CAD
Price Per SF
$120.91 CAD
Cap Rate
9.62%
NOI
$71,595 CAD
Tenancy
Single
Building Height
3 Stories
Building FAR
0.88
Lot Size
0.16 AC
Amenities
- 24 Hour Access
- Signage
- Storage Space
- Smoke Detector
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Nearby Major Retailers
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Photos
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Map
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18 High St
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