Dog & Doublet | 5 North St
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Dog & Doublet 5 North St
4,400 SF Retail Building Wolverhampton WV1 1RE $415,362 ($94/SF) 8.48% Cap Rate
Investment Highlights
- The Dog & Doublet is situated fronting North Street in the city centre.
- In the immediate locality is commercial in nature with surrounding leisure and late night venues, nearby is the Mander Centre shopping centre.
- Wolverhampton is situated off the M54 and M6 motorways, 14 miles north west of Birmingham.
Executive Summary
The Property is held freehold. The entire Property is let on a 20 year lease to Banus Blue Ltd commencing 4th November 2022. Current rental of £28,560 per annum, subject to annual RPI linked rental increases.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Bar
Building Size
4,400 SF
Building Class
C
Year Built
1900
Price
$415,362
Price Per SF
$94
Cap Rate
8.48%
NOI
$35,223
Tenancy
Single
Building Height
4 Stories
Building FAR
0.85
Lot Size
0.12 AC
Frontage
25 FT on North Street
Amenities
- Security System
- Energy Performance Rating - D
- Storage Space
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Dog & Doublet | 5 North St
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