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3 Cornmarket
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3 Cornmarket
3,255 SF 100% Leased Retail Building Thame OX9 3DX $1,144,234 ($352/SF) 6.25% Cap Rate
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INVESTMENT HIGHLIGHTS
- Income producing
- Good location
- Good frontage
EXECUTIVE SUMMARY
Investment opportunity with the ground floor let to Gails at a rental of £60,000 pa rom 21st March 2024, subject to 5 yearly
upward only rent reviews on a 15 year term. In addition there is a three and two bed flat on the first and second floor providing a combined rental of £3,400 pcm. The freehold interest is available for offers in excess of £910,000
upward only rent reviews on a 15 year term. In addition there is a three and two bed flat on the first and second floor providing a combined rental of £3,400 pcm. The freehold interest is available for offers in excess of £910,000
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Bank
Building Size
3,255 SF
Year Built
1920
Price
$1,144,234
Price Per SF
$352
Cap Rate
6.25%
NOI
$71,515
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Frontage
38 FT on Cornmarket
AMENITIES
- 24 Hour Access
- Bus Line
- Energy Performance Rating - C
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NEARBY MAJOR RETAILERS
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3 Cornmarket
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