Playfield Rd 2,838 SF 100% Leased Retail Building Oxford OX1 5RS £1,200,000 (£422.83/SF) 3.60% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Close to residential
- High footfall area
- Good road connections
EXECUTIVE SUMMARY
The subject development comprises a neighborhood parade of four ground floor retail/restaurant units accommodating a restaurant, hair salon, take-away and launderette, together with four apartments above.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Retail
Building Size
2,838 SF
Year Built
1950
Price
£1,200,000
Price Per SF
£422.83
Net Initial Yield
3.60%
NOI
£43,150
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.31
Lot Size
0.21 AC
Parking
9 Spaces (3.17 Spaces per 1,000 SF Leased)
Frontage
76 ft on Playfield Road
AMENITIES
- EPC - B
- EPC - C
- EPC - D
- EPC - E
- Storage Space
1 of 1
NEARBY MAJOR RETAILERS
