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Ashayes Limited 2 Retail Properties Offered at $4,003,630 CAD in Multiple Locations
INVESTMENT HIGHLIGHTS
- FREEHOLD commercial property investment portfolio (Cardiff & Witney)
- Combined annual passing rent of £127,583 (5 tenants)
- High Street Retail 3,878 sq ft NIA, with redevelopment potential (spp)
- Offers in excess of £2,150,000 is for both properties (Cardiff & Witney - sold together, cannot be split)
- Trade Counter / Light Industrial 7,299 sq ft GIA
- Well-located properties on busy main roads with strong tenant demand
EXECUTIVE SUMMARY
The portfolio is held under Ashayes Limited and will be sold as a whole and not split.
The company holds a commercial property portfolio of two light industrial units in Cardiff, let to Halfords and Kwik Fit with a combined annual passing rent of £65,583 and 28 High Street, Witney OX28 6HG a prominently positioned imposing period building occupied by three retail tenants, each with their own street-level access and producing a combined annual passing rent of £62,000, with a further 901 sq ft of space with redevelopment potential (spp). The vendor is seeking offers in excess of £2,150,000 for the two properties together.
The company holds a commercial property portfolio of two light industrial units in Cardiff, let to Halfords and Kwik Fit with a combined annual passing rent of £65,583 and 28 High Street, Witney OX28 6HG a prominently positioned imposing period building occupied by three retail tenants, each with their own street-level access and producing a combined annual passing rent of £62,000, with a further 901 sq ft of space with redevelopment potential (spp). The vendor is seeking offers in excess of £2,150,000 for the two properties together.
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PROPERTY FACTS
| Price | $4,003,630 CAD | Status | Active |
| Price / SF | $375.82 CAD / SF | Number of Properties | 2 |
| Sale Condition | Bulk/Portfolio Sale | Individually For Sale | 0 |
| Cap Rate | 5.93% | Total Building Size | 10,653 SF |
| Sale Type | Investment | Total Land Area | 1.20 AC |
| Price | $4,003,630 CAD |
| Price / SF | $375.82 CAD / SF |
| Sale Condition | Bulk/Portfolio Sale |
| Cap Rate | 5.93% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 10,653 SF |
| Total Land Area | 1.20 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 28 High St, Witney OX28 6HG | Retail | 3,336 SF | 1850 | - |
| Units 1 & 2, 113 - 115 North Rd, Cardiff CF14 3AD | Retail | 7,317 SF | 1980 | - |
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Ashayes Limited
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