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Old Works Rd

1,820 SF Retail Building Dunball TA6 4TB $2,236,565 ($1,229/SF) 5.65% Cap Rate

Investment Highlights

  • Located 400m from Junction 23 of M5
  • 0.50 acre site
  • Over 29,000 vehicle movements daily on Dunball Roundabout

Executive Summary

The property is a purpose built drive thru restaurant completed in February 2024 and opened on 1 March 2024. The site’s entrance is off Dunball Roundabout adjoining the existing Shell/Budgens development. The unit is 167 sqm (1,820 sqft) and has 31 car spaces including two disabled bays and an EV charging space. The self contained site is 0.20 hectares (0.50 acres).

Attachments

Brochure

Property Facts

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Building Size
1,820 SF
Year Built
2024
Price
$2,236,565
Price Per SF
$1,229
Cap Rate
5.65%
NOI
$126,366
Tenancy
Single
Building Height
1 Story
Frontage
81 FT on Bristol Road

Amenities

  • Energy Performance Rating - A
  • Car Charging Station
  • Listing ID: 31946328

  • Date on Market: 5/29/2024

  • Last Updated:

  • Address: Old Works Rd, Dunball TA6 4TB

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