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The Stile 3 Harrow St 3,274 SF Retail Building Wolverhampton WV1 4PB $903,145 CAD ($275.85 CAD/SF) 9.36% Cap Rate
INVESTMENT HIGHLIGHTS
- A period property comprising a public house and large isolated beer garden, formerly a bowling green.
- The front of the property is characterful with bay windows and intricate wooden fascias.
- Located in the suburbs of Wolverhampton with good footfall.
EXECUTIVE SUMMARY
We are instructed to seek offers in excessof £485,000 (Four hundred and eighty five thousand pounds) subject to contract and exclusive of VAT. A purchase at this level reflects a Net Initial Yield of 9.36%
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Bar
Building Size
3,274 SF
Building Class
B
Year Built
1890
Price
$903,145 CAD
Price Per SF
$275.85 CAD
Cap Rate
9.36%
NOI
$84,534 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.26
Lot Size
0.29 AC
Frontage
86’ on Harrow Street
AMENITIES
- 24 Hour Access
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NEARBY MAJOR RETAILERS
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MATTERPORT 3D EXTERIOR
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The Stile | 3 Harrow St
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