Vaughan Road | Harpenden AL5 4EF
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Vaughan Road
Harpenden AL5 4EF
Clayton House, 3/7 Vaughan Road, Harpenden · Retail Property For Sale
Investment Highlights
- Town centre retail & residential investment
- Ground floor retail/restaurant units well secured to long established local multiples
- Potential for future rental growth
- Prosperous commuter town
- 13 flats sold off on long leases
Executive Summary
Prominent retail & residential investment located in the centre of Harpenden. The property comprises four retail & restaurant units with 13 flats above sold off on long leases. Offers in excess of £1.6m to show 8.15%.
PROPERTY FACTS Sale Pending
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Building Size
12,000 SF
Year Built/Renovated
1980/2013
Price
$2,005,767
Price Per SF
$167
Cap Rate
8.15%
NOI
$163,470
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.46
Lot Size
0.19 AC
Parking
10 Spaces
Frontage
85 FT on Vaughan Road
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