21 Springfield Crescent - Garden of Remembrance
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21 Springfield Crescent - Garden of Remembrance
1,479 SF Specialty Building Offered at $1,917,055 at a 20% Cap Rate in Stoke On Trent ST3 2QW
Investment Highlights
- Potential to expand operating buildings and extend services offered to the public
- Additional income from Grave surrounds and Internment Sites
- Regular income from existing family clients
Executive Summary
An established garden of remembrance offering burial and internment of ashes sites in the heart of Stoke. Operating for approximately 25 years, less than 50% of the site is currently laid out as burial ground and there is considerable potential to increase capacity of the site.
The reception, office and car park are at the entrance to the site and all access to the cemetery is controlled. Planning consent was obtained in 2015 to construct a new extension to be able to offer committal services and additional facilities but the planning was never action and will need to be renewed.
The reception, office and car park are at the entrance to the site and all access to the cemetery is controlled. Planning consent was obtained in 2015 to construct a new extension to be able to offer committal services and additional facilities but the planning was never action and will need to be renewed.
Property Facts
| Price | $1,917,055 | Property Subtype | Cemetery/Mausoleum |
| Price Per SF | $1,296 | Lot Size | 2.70 AC |
| Sale Type | Investment | Building Size | 1,479 SF |
| Cap Rate | 20% | No. Stories | 1 |
| Tenure | Freehold/Long Leasehold | Year Built | 1999 |
| Property Type | Specialty | Parking Ratio | 31.1/1,000 SF |
| Price | $1,917,055 |
| Price Per SF | $1,296 |
| Sale Type | Investment |
| Cap Rate | 20% |
| Tenure | Freehold/Long Leasehold |
| Property Type | Specialty |
| Property Subtype | Cemetery/Mausoleum |
| Lot Size | 2.70 AC |
| Building Size | 1,479 SF |
| No. Stories | 1 |
| Year Built | 1999 |
| Parking Ratio | 31.1/1,000 SF |
Amenities
- Energy Performance Rating - D
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21 Springfield Crescent - Garden of Remembrance
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