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Unit 6 Gigg Mill Old Bristol Rd 1,000 SF Office Building Nailsworth GL6 0JP $474,421 CAD ($474.42 CAD/SF) 4.94% Cap Rate
Investment Highlights
- Approx. 1,000 sq ft of accommodation
- Located in an affluent Gloucestershire town
- Additional income from parking spaces
Executive Summary
This is a freehold office investment opportunity located on the outskirts of Nailsworth, currently generating a gross rental income of £12,360 per annum through a mixture of office licences and parking income. The property benefits from a substantial car park which presents potential for increased revenue and future development, subject to the necessary planning consents. The asset offers a straightforward income-producing investment with additional upside.
Property Facts
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Building Size
1,000 SF
Building Class
C
Year Built
1990
Price
$474,421 CAD
Price Per SF
$474.42 CAD
Cap Rate
4.94%
NOI
$23,436 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
1,000 SF
Building FAR
0.07
Lot Size
0.35 AC
Amenities
- Kitchen
- Demised WC facilities
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Unit 6 Gigg Mill | Old Bristol Rd
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