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56 Mill St 1,153 SF 100% Leased Retail Building Ludlow SY8 1BB $1,210,400 CAD ($1,049.78 CAD/SF) 5.38% Cap Rate
EXECUTIVE SUMMARY
56 Mill Street is situated in the heart of historic Ludlow. Walk just a few yards and you reach Castle Square, renowned for its open air markets selling local produce and goods. Ludlow, one of England’s most sought-after Market Towns, is famed for its range of independent shops, cafes, and variety of pubs and restaurants. The nearby Assembly Rooms is a wonderful entertainment venue with live theatre, a cinema and many events throughout the year.
A Three Storey Grade II Listed building, an excellent investment opportunity with a potential income of just over £35,000 per annum. With Ground floor retail with basement and rear yard and three self-contained apartments.
A Three Storey Grade II Listed building, an excellent investment opportunity with a potential income of just over £35,000 per annum. With Ground floor retail with basement and rear yard and three self-contained apartments.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
1,153 SF
Building Class
C
Year Built
1877
Price
$1,210,400 CAD
Price Per SF
$1,049.78 CAD
Cap Rate
5.38%
NOI
$65,175 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Frontage
24’ on Mill Street
AMENITIES
- Courtyard
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NEARBY MAJOR RETAILERS
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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56 Mill St
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