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27 Lichfield St 2,377 SF Retail Building Tamworth B79 7QE $685,004 CAD ($288.18 CAD/SF) 6.51% Cap Rate
Investment Highlights
- Attractive period property converted for veterinary use with modern fit-out
- Secure site with gated driveway and parking for nine vehicles
- Prominent town centre location with excellent road connectivity
Executive Summary
This property comprises 2,824 sq ft (262.59 sq m) of well-fitted accommodation arranged over three floors, currently operating as a veterinary practice. Internally, the building includes consulting rooms, operating theatres, animal storage, general storage, and administration areas, all finished to a high standard. Externally, the site benefits from a cobbled and gated driveway with parking for nine vehicles, plus an additional gated rear access. Offered freehold at £365,000 (VAT not applicable), subject to an existing lease producing £23,750 per annum.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Veterinarian/Kennel
Building Size
2,377 SF
Building Class
C
Year Built
1930
Price
$685,004 CAD
Price Per SF
$288.18 CAD
Cap Rate
6.51%
NOI
$44,572 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.50
Lot Size
0.11 AC
Parking
9 Spaces (3.79 Spaces per 1,000 SF Leased)
Frontage
17’ on Lichfield Street
Amenities
- Security System
- Signage
- Air Conditioning
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Nearby Major Retailers
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27 Lichfield St
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