25 New St
Mold CH7 1NY
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Income producing investment of £20,340 per annum
- Mold is a busy historic market town situated in North Wales, 10 miles south of Chester and accessed via the A55
- Retail & Residential
EXECUTIVE SUMMARY
The property comprises a two-storey end terrace building with ground floor retail unit and self contained first floor 1 bedroom flat. The ground floor retail accommodation, which is currently occupied as a barber shop, incorporates a retail sales area and separate kitchen and WC facilities. The first floor accommodation which is accessed from the rear via a ground floor utility room and internal stair case provides a 1 bedroom apartment including kitchen, bathroom, living room and bedroom. At the rear of the property there are two car parking spaces and a small enclosed courtyard/ garden area for use by the residential tenant.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
1,027 SF
Building Class
B
Year Built
1890
Price
£250,000
Price Per SF
£243.43
Net Initial Yield
8.14%
NOI
£20,340
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Frontage
34 ft on New Street
