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Barclays Bank 28 High St 1,890 SF 100% Leased Retail Building Ely CB7 4LA $1,487,930 CAD ($787.26 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • 6.54% NIY.

EXECUTIVE SUMMARY

The property, a former retail bank, is situated in a prominent location on Ely High Street. It benefits from a large frontage and scenic backdrop with Ely Cathedral being located immediately behind. Accommodation is predominantly open plan and arranged over ground and first floors offering the potential to extend the customer area onto an additional floor. The property benefits from 3 phase power and attractive rear garden seating area. We understand the tenants have invested significantly in their fit out with capital expenditure believed to be in excess of £500,000. The property is currently tenanted by Gail's Limited, who are occupying on a new 10 year lease expiring January 2035.

PROPERTY FACTS Sale Pending

Sale Type
Investment
Property Type
Retail
Tenure
Freehold/Long Leasehold
Property Subtype
Bank
Building Size
1,890 SF
Building Class
B
Year Built
1800
Price
$1,487,930 CAD
Price Per SF
$787.26 CAD
Percent Leased
100%
Building Height
2 Stories
Frontage
36’ on High Street

NEARBY MAJOR RETAILERS

Caffè Nero
Co-op
Spar
Santander
Wildwood Kitchen
Costa Coffee
Tesco
National Westminster Bank Plc
Starbucks
Barclays
  • Listing ID: 35777147

  • Date on Market: 2025-05-07

  • Last Updated:

  • Address: 28 High St, Ely CB7 4LA

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