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Aldi Hucclecote Rd

23,054 SF 100% Leased Retail Building Gloucester GL3 3TH $6,601,350 ($286/SF) 5.52% Cap Rate

Retail Space Gloucestershire Gloucester Hucclecote Rd, Gloucester GL3 3TH

EXECUTIVE SUMMARY

Offers are sought in excess of £5,250,000 (Five million two hundred and fifty thousand pounds) reflecting a net initial yield of 5.52% assuming standard purchaser’s costs at 6.60%.
A purchase at this level would reflect a reversionary yield of 6.24% at review in 2028 assuming RPI growth at 2.5%pa.

ATTACHMENTS

Hucclecote Investment Brochure FINAL

PROPERTY FACTS Sale Pending

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Supermarket
Building Size
23,054 SF
Building Class
B
Year Built
2018
Price
$6,601,350
Price Per SF
$286
Cap Rate
5.52%
NOI
$364,395
Percent Leased
100%
Building Height
1 Story
Building FAR
0.36
Lot Size
1.49 AC
Parking
83 Spaces (3.6 Spaces per 1,000 SF Leased)
Frontage
111 FT on Hucclecote Road
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NEARBY MAJOR RETAILERS

ALDI
Royal Oak
Londis
Sainsbury's
The Co-operative Food
Morrisons
Starbucks
Pure Gym
+44 1452 941837

CONTACTS

  • Listing ID: 33246462

  • Date on Market: 9/20/2024

  • Last Updated:

  • Address: Hucclecote Rd, Gloucester GL3 3TH

The Retail Property at Hucclecote Rd, Gloucester, GL3 3TH is currently available for sale. Contact Alder King LLP for more information.

RETAIL PROPERTIES IN NEARBY NEIGHBORHOODS

NEARBY LISTINGS

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Aldi | Hucclecote Rd
+44 1452 941837 x

Aldi | Hucclecote Rd

1/2

Oliver Stretton

+44 1452 941837

+44 1452 941837

Adrian Rowley

+44 1452 941837

+44 1452 941837

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