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6-6 High St 3,635 SF 100% Leased Retail Building Wellington TA21 8RA $465,538 CAD ($128.07 CAD/SF) 10% Cap Rate
EXECUTIVE SUMMARY
Offers are invited for the freehold interest subject to the lease to Boots UK Limited, and the long lease of the residential element.
Price Guide: Offers in the region of £250,000.
A purchase at this price would reflect a net initial yield of circa 10.0% after allowing for purchaser’s costs.
We are advised that VAT is payable on the purchase price.
Price Guide: Offers in the region of £250,000.
A purchase at this price would reflect a net initial yield of circa 10.0% after allowing for purchaser’s costs.
We are advised that VAT is payable on the purchase price.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Building Size
3,635 SF
Year Built
1900
Price
$465,538 CAD
Price Per SF
$128.07 CAD
Cap Rate
10%
NOI
$46,554 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.47
Lot Size
0.18 AC
Frontage
34’ on High Street
AMENITIES
- Bus Line
- Security System
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NEARBY MAJOR RETAILERS
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6-6 High St
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