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The Point Swallowfields

7,727 SF 92% Leased Retail Building Welwyn Garden City AL7 1JD $2,965,046 ($384/SF) 6% Cap Rate

Investment Highlights

  • Located to the east of Welwyn Garden City town centre
  • Close to Welwyn Garden City railway station
  • Strategically positioned between junctions 4 and 6 of the A1(M)

Executive Summary

Multi-let industrial terrace comprising 10 self-contained warehouse units fully-let to 10 tenants with a current total passing rent of £148,100 per annum.

Attachments

The Point

Property Facts

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Building Size
7,727 SF
Building Class
B
Year Built/Renovated
1990/2020
Price
$2,965,046
Price Per SF
$384
Cap Rate
6%
NOI
$177,903
Percent Leased
92%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.39
Lot Size
0.45 AC
Frontage
175 FT on Swallowfields

Amenities

  • Storage Space

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • Ground
  • 620 SF
  • Industrial
  • -
  • Now

Completed in 2020 The Point comprises 10 individual self-contained units in a size range not normally available in Welwyn Garden City.

Space Size Space Use Position Available
Ground 620 SF Industrial - Now

Ground

Size
620 SF
Space Use
Industrial
Position
-
Available
Now

Ground

Size 620 SF
Space Use Industrial
Position -
Available Now

Completed in 2020 The Point comprises 10 individual self-contained units in a size range not normally available in Welwyn Garden City.

Nearby Major Retailers

ALDI
Morrisons
Iceland
Sainsbury's
Costa Coffee
Prezzo
Bill's
Anytime Fitness
Barclays
Starbucks
  • Listing ID: 31781044

  • Date on Market: 5/13/2024

  • Last Updated:

  • Address: Swallowfields, Welwyn Garden City AL7 1JD

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