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Victoria Sq

7,153 SF Retail Building Stoke On Trent ST1 4JH $863,468 ($121/SF) 10.36% Cap Rate

Investment Highlights

  • Ground floor opening as a fusion restaurant Spring/Summer 2024
  • The property is easily accessible from junction 15 of the M6, around 4 miles away and the A500 and A50 in and out of Stoke on Trent
  • First floor operating as supported living accommodation

Executive Summary

Town centre investment opportunity, fully let on 5 year lease at £72,000pa rising to £75,000 in year 2 (July 2024) and £78,000 in year 3

Property Facts

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
7,153 SF
Building Class
C
Year Built
1900
Price
$863,468
Price Per SF
$121
Cap Rate
10.36%
NOI
$89,453
Tenancy
Single
Building Height
3 Stories
Building FAR
0.93
Lot Size
0.18 AC
Parking
6 Spaces (0.84 Spaces per 1,000 SF Leased)
Frontage
67 FT on Victoria Square

Nearby Major Retailers

Tesco
Tesco Extra
The Food Warehouse Ltd
TGI Fridays
Charlie Brown's Fresh Grill
Wagamama
Santander
Iceland
Bank of Scotland Plc
Costa Coffee
  • Listing ID: 31817712

  • Date on Market: 5/16/2024

  • Last Updated:

  • Address: Victoria Sq, Stoke On Trent ST1 4JH

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