68 High St
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68 High St
6,915 SF Retail Building Guildford GU1 3ES $3,882,500 ($561/SF) 6% Cap Rate
Investment Highlights
- The property comprises a prominent corner position
- 100% prime pedestrianised retail thoroughfare
- The property is Grade II listed
Executive Summary
Prime retail investment for sale in the excess of £3,125,000.
A purchase at this level reflects a net initial yield of 6% on the retail element and a low capital value of £103 psf on the vacant accommodation with the benefits of a consented residential development.
A purchase at this level reflects a net initial yield of 6% on the retail element and a low capital value of £103 psf on the vacant accommodation with the benefits of a consented residential development.
Property Facts Sale Pending
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
6,915 SF
Building Class
B
Year Built
1881
Price
$3,882,500
Price Per SF
$561
Cap Rate
6%
NOI
$232,950
Tenancy
Single
Building Height
4 Stories
Building FAR
0.99
Lot Size
0.16 AC
Parking
1 Space (0.15 Spaces per 1,000 SF Leased)
Frontage
25 FT on High Street
Amenities
- Security System
- Air Conditioning
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68 High St
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