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Abbey House 11-19 Stert St

3,074 SF 100% Leased Retail Building Abingdon OX14 3JF $660,030 ($215/SF) 10.53% Cap Rate

Investment Highlights

  • Prominent Location
  • Good Transport Links
  • Close to local amenities

Executive Summary

We are instructed to seek offers in excess of £525,000 (Five Hundred and Twenty Five Thousand, Pounds), subject to contract. A purchase at this level reflects an attractive Net Initial Yield of 10%.

Property Facts Sale Pending

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
3,074 SF
Building Class
B
Year Built
1976
Price
$660,030
Price Per SF
$215
Cap Rate
10.53%
NOI
$69,523
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Parking
10 Spaces (3.25 Spaces per 1,000 SF Leased)
Frontage
73 FT on Stert St

Amenities

  • Dedicated Turn Lane
  • Recessed Lighting

Nearby Major Retailers

Costa Coffee
Co op Food
HSBC
SPAR
NatWest
Ask Italian Restaurants
Barclays
Starbucks
Santander
Waitrose & Partners
  • Listing ID: 32076302

  • Date on Market: 6/10/2024

  • Last Updated:

  • Address: 11-19 Stert St, Abingdon OX14 3JF

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