166-167 Frankwell 764 SF Retail Building Shrewsbury SY3 8LG £395,000 (£517.02/SF) 7.90% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Potential for future asset management
- Mixed commercial investment that is fully income producing
- Prominently located in the sought area of the town of Shrewsbury known as Frankwell
EXECUTIVE SUMMARY
The property comprises of a fully income producing commercial investment that is prominently located and is arranged to provide a restaurant arranged over the ground floor and part of the first floor and the lower ground floor and an office/consulting rooms to part that has a self-contained ground floor entrance and is arranged over part of the first floor of the property.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Building Size
764 SF
Building Class
B
Year Built
1800
Price
£395,000
Price Per SF
£517.02
Net Initial Yield
7.90%
NOI
£31,205
Tenancy
Single
Number of Floors
2
AMENITIES
- Storage Space
1 of 1
NEARBY MAJOR RETAILERS
