74A Church St 570 SF Office Building Audley ST7 8DA £67,500 (£118.42/SF) 7.66% Net Initial Yield



INVESTMENT HIGHLIGHTS
- Excellent public transports links
- Good road links
- Popular village
EXECUTIVE SUMMARY
For Sale by public auction on Monday 3rd June 2024 at 6.30pm. The Double Tree by Hilton Hotel, Festival Park, Stoke-on-Trent, ST1 5BQ. Live online bidding available. An opportunity to acquire a retail investment within in the popular village of Audley producing £5,172 per annum from a longstanding Tenant. Prominent position opposite Tesco Express with car parking nearby. Garden to the rear.
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Auction Sale
Property Type
Office
Tenure
Freehold
Building Size
570 SF
Building Class
B
Year Built
1950
Price
£67,500
Price Per SF
£118.42
Net Initial Yield
7.66%
NOI
£5,172
Tenancy
Single
Number of Floors
2
Typical Floor Size
237 SF
Building FAR
0.42
Lot Size
0.03 AC
Parking
1 Space (4.21 Spaces per 1,000 SF Leased)
AMENITIES
- Security System
- Storage Space
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