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9-13 Beam St

2,248 SF Retail Units Offered at £595,000 Per Unit in Nantwich CW5 5NA

Investment Highlights

  • Prominent trading position in Nantwich - close to M&S, bus station plus several local, regional and national occupiers
  • Offers in the region of £595,000 (STC)
  • Estimated Rental Value £56,200 PAX
  • Let to two tenants at a combined rental of £45,000 per annum
  • NIY 7.20% - (after purchase costs )
  • Reversionary Yield of 8.99%

Executive Summary

The property comprises a two storey modern building to provide three ground floor shops with ancillary accommodation at first floor. The property benefits from rear loading and car parking. The property is situated in a prominent position on Beam Street, one of the main thoroughfares through Nantwich town centre which also links the pedestrianised Pepper Street with the car parks and bus station on Beam Street.

Property Facts

Price £595,000
Unit Size 2,248 SF
No. Units 2
Total Building Size 6,825 SF
Property Type Retail
Property Subtype Storefront
Building Class B
Number of Floors 2
Typical Floor Size 3,412 SF
Year Built 1984
Tenancy Single
Lot Size 0.42 AC

2 Units Available

Unit 11

Unit Size 2,248 SF
Price £595,000
Price Per SF £264.68
Unit Use Retail
Sale Type Investment
Tenure Freehold
Net Initial Yield 4.20%
NOI £25,000
Description

A ground floor shop with ancillary accommodation at first floor. The property benefits from rear loading and car parking.

Sale Notes

Ground and first floor retail unit available for sale.

Interior Photo
Interior Photo
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Unit 13

Unit Size 2,248 SF
Price £595,000
Price Per SF £264.68
Unit Use Retail
Sale Type Investment
Tenure Freehold
Net Initial Yield 3.36%
NOI £20,000
Description

A ground floor shop with ancillary accommodation at first floor. The property benefits from rear loading and car parking.

Sale Notes

Ground and first floor retail unit available for sale.

Interior Photo
Interior Photo
Interior Photo
View Photo Interior Photo
View Photo Interior Photo
View Photo Interior Photo

Amenities

  • EPC - B
  • EPC - C
  • EPC - D
  • Storage Space
  • Listing ID: 32499655

  • Date on Market: 18/07/2024

  • Last Updated:

  • Address: 9-13 Beam St, Nantwich CW5 5NA

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