77-79 Warwick St | Leamington Spa CV32 4RR
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77-79 Warwick St
Leamington Spa CV32 4RR
Retail Property For Sale
Investment Highlights
- A Grade II Listed, 4 storey, mid terraced, Regency building.
- • First, Second & Third floor comprise 3 x 1 bed and 3 x 2 bed self-contained apartments which are accessed off a separate doorway fronting Warwick St
- Traditional Brick Built construction with rendered front elevation, surmounted with pitched Welsh Slate roof and incorporating Sash Windows
Executive Summary
Proposal Sale Price: £1,075,000 -£1,100,000 excl. showing a net initial yield of 10.92% following usual purchaser’s costs of 5.55%.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
2,330 SF
Building Class
B
Year Built
1861
Price
$1,366,640
Price Per SF
$587
Cap Rate
10.92%
NOI
$149,237
Percent Leased
100%
Tenancy
Multiple
Building Height
5 Stories
Building FAR
0.89
Lot Size
0.06 AC
Frontage
37 FT on Warwick Street
Amenities
- Storage Space
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