21-23 Hart St | Henley On Thames RG9 2AR
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21-23 Hart St
Henley On Thames RG9 2AR
The Courtyard and Stable Suite · Retail Property For Sale
Executive Summary
Prime Restaurant and Office Investment for sale freehold. Stunning Grade II listed former Coach House; Mixed use property comprising 7,596 sq ft of restaurant and office accommodation over 2 floors; 53% let to national restaurateur Zizzi with 11.2 years term certain; Future office to residential change of use potential subject to planning consent; Total income of £177,670 per annum. Net Initial Yield: 8.32% Capital Value: £263 per sq ft (assuming graduated purchaser's costs of 6.80%).
PROPERTY FACTS Sale Pending
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Building Size
6,500 SF
Building Class
B
Year Built
1809
Price
£2,000,000
Price Per SF
£308
Net Initial Yield
8.32%
NOI
£166,400
Percent Leased
74%
Tenancy
Multiple
Number of Floors
2
Building FAR
0.34
Lot Size
0.44 AC
Frontage
51 ft on Hart Street
Amenities
- Bus Route
- Commuter Rail
- Restaurant
- Signage
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