18 Thames St
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18 Thames St
1,260 SF 100% Leased Retail Building Windsor SL4 1PL $4,556,904 ($3,617/SF) 6.50% Cap Rate
Investment Highlights
- Prominent Location
- High Footfall
- Great Transport Links
Executive Summary
A well let restaurant unit over ground, lower ground, 1st , 2nd & 3rd floors extending to a total of 4,493q ft (NIA).
Seeking offers in excess of £3,600,000 (Three Million, Six Hundred Thousand Pounds) subject to contract and exclusive of VAT. A purchase at this level reflects an attractive Net Initial Yield of 6.5% assuming standard purchasers’ costs of 5.68% on the Honest Burger restaurant and £531 psf on the residential apartments
Seeking offers in excess of £3,600,000 (Three Million, Six Hundred Thousand Pounds) subject to contract and exclusive of VAT. A purchase at this level reflects an attractive Net Initial Yield of 6.5% assuming standard purchasers’ costs of 5.68% on the Honest Burger restaurant and £531 psf on the residential apartments
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
1,260 SF
Building Class
B
Year Built
1746
Price
$4,556,904
Price Per SF
$3,617
Cap Rate
6.50%
NOI
$296,199
Percent Leased
100%
Building Height
5 Stories
Parking
1 Space (0.79 Spaces per 1,000 SF Leased)
Frontage
49 FT on Thames Street
Amenities
- Storage Space
1 of 1
Nearby Major Retailers
-
Ollie Muers-Raby -
Peter Woods -
Orme Retail
1 of 4
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18 Thames St
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