73 Wyle Cop 1,696 SF 100% Leased Retail Building Shrewsbury SY1 1UX $772,135 CAD ($455.27 CAD/SF) 7.50% Cap Rate

£415,000 (four hundred and fifteen thousand pounds) showing a Net Initial Yield of 7.5% after allowing for normal purchasers costs. Based upon estimated rental values of the vacant commercial unit.
The sale of this property offers part income producing and part vacant mixed commercial/residential investment. This substantial Grade I listed property, arranged over three and single storeys with a basement, comprises three commercial retail units and three residential apartments sold off on long leases. Benefiting from frontages onto both Wyle Cop and Barracks Passage. The property is freehold held under the ownership of Title Number SL246416. Offering a mix of income-producing and vacant space, it presents significant asset management opportunities.