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5 Bank St 1,580 SF Retail Building Melksham SN12 6LE $408,908 CAD ($258.80 CAD/SF) 7.45% Cap Rate
INVESTMENT HIGHLIGHTS
- Melksham is an attractive Wiltshire market town, located 11 miles east of Bath and 6 miles south of Chippenham
- The property is situated in the town centre shopping areas
- The town is situated on the A350, which provides access to the M4 Motorway (Junction 17) about 11 miles to the north
EXECUTIVE SUMMARY
The property is arranged as ground floor shop and one upper floor flat having access from the side.
Melksham is an attractive Wiltshire market town, located 11 miles east of Bath and 6 miles south of Chippenham. The town is situated on the A350, which provides access to the M4 Motorway (Junction 17) about 11 miles to the north. The property is situated in the town centre shopping areas.
Other occupiers serving the town include Waitrose, Superdrug, Barclays, Costa Coffee, Specsavers and Boots.
Melksham is an attractive Wiltshire market town, located 11 miles east of Bath and 6 miles south of Chippenham. The town is situated on the A350, which provides access to the M4 Motorway (Junction 17) about 11 miles to the north. The property is situated in the town centre shopping areas.
Other occupiers serving the town include Waitrose, Superdrug, Barclays, Costa Coffee, Specsavers and Boots.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
1,580 SF
Building Class
B
Year Built
1890
Price
$408,908 CAD
Price Per SF
$258.80 CAD
Cap Rate
7.45%
NOI
$30,482 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.12
Lot Size
0.30 AC
Frontage
20’ on Bank street
AMENITIES
- Security System
- Energy Performance Rating - D
- Storage Space
1 1
NEARBY MAJOR RETAILERS
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5 Bank St
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