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Ashfield House 2,483 SF 100% Leased Retail Building Llanymynech SY22 6ER $279,085 CAD ($112.40 CAD/SF) 7.31% Cap Rate
Investment Highlights
- Total Net Internal Floor Area - 2483 sq ft
- Prominent Village position
- Net Initial Yield of 7.31% after normal purchasers costs
Executive Summary
The property comprises of a single storey restaurant with a three-bedroom flat above. The property provides a rental yield of 7.31% after usual allowing for normal purchaser’s costs.
The ground floor restaurant provides a Total Gross Internal Floor Area of approximately 1,286 ft sq (119.5 m sq), with the residential accommodation providing a Total Gross Internal Floor Area of approximately 1,197 ft sq (111.21 m sq)
The ground floor restaurant provides a Total Gross Internal Floor Area of approximately 1,286 ft sq (119.5 m sq), with the residential accommodation providing a Total Gross Internal Floor Area of approximately 1,197 ft sq (111.21 m sq)
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
2,483 SF
Building Class
C
Year Built
1970
Price
$279,085 CAD
Price Per SF
$112.40 CAD
Cap Rate
7.31%
NOI
$20,401 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Frontage
61’ on Dolphin Terrace
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Ashfield House
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