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24-24a Cheshire St 1,157 SF 100% Leased Retail Building Market Drayton TF9 1PF $726,120 CAD ($627.59 CAD/SF) 8.25% Cap Rate
Investment Highlights
- Located in the centre of a popular market town
- Scope for further asset management and potential rental uplift on the residential lets
- Established retail tenant on ground and residential above
Executive Summary
Freehold mixed use investment opportunity. Price £399,000 and an annual income of £32,900 per annum making a gross yield of 8.25%.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
1,157 SF
Building Class
B
Year Built
1896
Price
$726,120 CAD
Price Per SF
$627.59 CAD
Cap Rate
8.25%
NOI
$59,905 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Building FAR
1.01
Lot Size
0.03 AC
Amenities
- Storage Space
1 1
Nearby Major Retailers
1 of 4
Videos
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Photos
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Street
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24-24a Cheshire St
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