Log In/Sign Up
Your email has been sent.
22-23 Queen St 3,146 SF Retail Building Wrexham LL11 1AL $694,303 CAD ($220.69 CAD/SF) 9.22% Cap Rate
Investment Highlights
- Attractive freehold betting office investment in Wrexham town centre
- Entirely let to Done Brothers (Cash Betting) Limited (t/a Betfred)
- Upper parts offer future residential conversion potential (subject to consents)
Executive Summary
Prominent town centre investment comprising a substantial 3,146 sq ft property arranged over basement, ground and first floor, let on a full repairing and insuring lease to a strong national covenant at a passing rent of £35,000 per annum, with additional asset management and residential conversion potential to the upper parts (subject to consents), available for £370,000.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
3,146 SF
Building Class
B
Year Built
1990
Price
$694,303 CAD
Price Per SF
$220.69 CAD
Cap Rate
9.22%
NOI
$64,035 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.72
Lot Size
0.10 AC
Frontage
30’ on Queen Street
1 1
Nearby Major Retailers
1 of 3
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
22-23 Queen St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.