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Iceland Preston St

6,989 SF Retail Building Whitehaven CA28 9DL $1,156,808 ($166/SF) 9.50% Cap Rate

Retail Space Cumbria Whitehaven Preston St, Whitehaven CA28 9DL

INVESTMENT HIGHLIGHTS

  • Located on edge of town centre next to Aldi & Home Bargains
  • Good road links
  • Shared site with Aldi and a total of 118 car spaces

EXECUTIVE SUMMARY

AP Investment are instructed to seek offers in excess of £920,000 (Nine Hundred & Twenty Thousand Pounds) subject to contract and exclusive of VAT. A purchase at this price would reflect a net initial yield of 9.5%, assuming costs of purchase of 5.7%.

ATTACHMENTS

Brochure

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Tenure
Long Leasehold
Property Subtype
Supermarket
Building Size
6,989 SF
Year Built
1996
Price
$1,156,808
Price Per SF
$166
Cap Rate
9.50%
NOI
$109,897
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
1.80 AC
Parking
118 Spaces (16.88 Spaces per 1,000 SF Leased)
Frontage
66 FT on Preston Street

AMENITIES

  • Energy Performance Rating - B
  • Automatic Blinds

LINKS

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NEARBY MAJOR RETAILERS

ALDI
Ww - Weight Watchers
National Westminster Bank Plc
HSBC
Santander
Iceland
Morrisons
ASDA
Tesco Superstore
Barclays
+44 7798 656360

CONTACT

  • Listing ID: 32875457

  • Date on Market: 8/19/2024

  • Last Updated:

  • Address: Preston St, Whitehaven CA28 9DL

The Retail Property at Preston St, Whitehaven, CA28 9DL is currently available for sale. Contact AP Investment for more information.

RETAIL PROPERTIES IN NEARBY NEIGHBORHOODS

NEARBY LISTINGS

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Iceland | Preston St
+44 7798 656360 x

Iceland | Preston St

Andy Price

+44 7798 656360

+44 7798 656360

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