11-23 Cavendish St
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11-23 Cavendish St
12,617 SF Retail Building Keighley BD21 3RB $776,500 ($62/SF) 9.19% Cap Rate
Investment Highlights
- Situated on Cavendish Street, one of the main retail streets in the centre of Keighley
- Nearby occupiers include B &M, Sainsburys, Sue Ryder, Evans Halshaw as well as many local retail occupiers.
- ERV If upper floors were converted over £115,000pa
- Planning permission for conversion of the upper floors to either 9 or 12 flats
- Fixed rental uplift on Retail Portion
Executive Summary
For Sale - Town centre mixed use investment.
Total Current Rental Income - £57,446 per annum
Total Current Rental Income - £57,446 per annum
Property Facts
Sale Type
Investment
Sale Conditions
Property Type
Retail
Tenure
Freehold
Property Subtype
Building Size
12,617 SF
Building Class
B
Year Built
1900
Price
$776,500
Price Per SF
$62
Cap Rate
9.19%
NOI
$71,371
Tenancy
Single
Building Height
5 Stories
Building FAR
2.07
Lot Size
0.14 AC
Frontage
82 FT on Cavendish Street
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11-23 Cavendish St
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