6 Bedford St 4,606 SF Vacant Retail Building Leamington Spa CV32 5DY £1,500,000 (£325.66/SF) 5.60% Net Initial Yield
INVESTMENT HIGHLIGHTS
- The Gym and Dance School are approached via a communal entrance, stairwell and communal lift at 2 Windsor Place
- As a result of a significant refurbishment and redevelopment program both internally and externally, the building won a Leamington Spa Design Award
- 6 Bedford Street has a public entrance direct off street.
EXECUTIVE SUMMARY
This investment property is to be sold freehold subject to the existing lease and tenancy arrangements. Vacant possession of the whole is possible.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
4,606 SF
Building Class
B
Year Built
1960
Price
£1,500,000
Price Per SF
£325.66
Net Initial Yield
5.60%
NOI
£84,000
Percent Leased
Vacant
Tenancy
Multiple
Number of Floors
3
Building FAR
0.56
Lot Size
0.19 AC
Frontage
16 ft on Bedford Street
AMENITIES
- Bus Route
- Security System
- Signage
- Storage Space
NEARBY MAJOR RETAILERS
