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74-80A Hednesford Rd 4,167 - 6,839 SF Retail Condo Units Offered at $604,472 - $836,961 CAD Per Unit in Cannock WS12 3EA



INVESTMENT HIGHLIGHTS
- Fully Let Investment Property
- Overall Gross Internal Area 6,839 sq ft (636.2 sq m)
- Showroom, Trade Counter & Warehouse
EXECUTIVE SUMMARY
The property is situated on the main B4154 Hednesford Road in the centre of Heath Hayes close to all its amenities. Heath Hayes itself is situated approximately 3 miles to the east of Cannock and 6 miles to the south of Rugeley. There is good access to the A5 and T7 of the M6 Toll Road, and junctions 11 and 12 of the M6 motorway are approximately 4 and 5 miles away respectively.
PROPERTY FACTS Sale Pending
| Total Building Size | 11,682 SF | Typical Floor Size | 9,591 SF |
| Property Type | Industrial | Year Built | 1950 |
| Property Subtype | Warehouse | Lot Size | 0.46 AC |
| Building Class | B | Parking Ratio | 0.85/1,000 SF |
| Floors | 2 |
| Total Building Size | 11,682 SF |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Floors | 2 |
| Typical Floor Size | 9,591 SF |
| Year Built | 1950 |
| Lot Size | 0.46 AC |
| Parking Ratio | 0.85/1,000 SF |
AMENITIES
- Yard
- Energy Performance Rating - C
- Automatic Blinds
- Storage Space
2 UNITS AVAILABLE
Unit 74
| Unit Size | 4,167 SF | Sale Type | Owner User |
| Price | $604,472 CAD | Tenure | Freehold |
| Price Per SF | $145.06 CAD | Cap Rate | 10.46% |
| Condo Use | Retail | NOI | $63,237.02 CAD |
| Unit Size | 4,167 SF |
| Price | $604,472 CAD |
| Price Per SF | $145.06 CAD |
| Condo Use | Retail |
| Sale Type | Owner User |
| Tenure | Freehold |
| Cap Rate | 10.46% |
| NOI | $63,237.02 CAD |
DESCRIPTION
The property comprises a detached two storey brick and tile building
constructed around 1980. It is currently arranged as offices with a ground
floor storage area, accessed from a roller shutter door. The property
occupies a shared yard and has car parking around its perimeter.
SALE NOTES
Property available for sale.
74 Hednesford Rd 2nd brochure pic
Unit 80A
| Unit Size | 6,839 SF | Sale Type | Investment |
| Price | $836,961 CAD | Tenure | Freehold |
| Price Per SF | $122.38 CAD | Cap Rate | 7.56% |
| Condo Use | Retail | NOI | $63,237.02 CAD |
| Unit Size | 6,839 SF |
| Price | $836,961 CAD |
| Price Per SF | $122.38 CAD |
| Condo Use | Retail |
| Sale Type | Investment |
| Tenure | Freehold |
| Cap Rate | 7.56% |
| NOI | $63,237.02 CAD |
DESCRIPTION
The property comprises a fully let showroom/trade counter and
associated warehouse and stores. It has allocated car parking within a
shared site. The property is let to MPH Merchant Ltd for 10 years from
May 2020.
SALE NOTES
Fully Let Investment Property
Current Income £34,000 per annum exclusive
80A Hednesford Rd brochure pic 2
Presented by
74-80A Hednesford Rd
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