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Watling St

24,524 SF 100% Leased Retail Building Cannock WS11 1SH $6,727,090 ($274/SF) 10% Cap Rate

Retail Buildings Staffordshire Cannock Watling St, Cannock WS11 1SH

INVESTMENT HIGHLIGHTS

  • A terrace of three prime retail warehouse units constructed in 2012, situated at the gateway to Cannock when approaching from the M6.
  • WAULT to break and expiry of 7.28 years and 7.73 years respectively, assuming a calculation date of 1 December 2024.
  • Fully let to DFS, Porcelanosa and Starplan Furniture – all rated very low risk by Creditsafe.

ATTACHMENTS

Roman Way Retail Park Cannock - Sept 24

PROPERTY FACTS Under Contract

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Freestanding
Building Size
24,524 SF
Building Class
B
Year Built
2012
Price
$6,727,090
Price Per SF
$274
Cap Rate
10%
NOI
$672,709
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Parking
50 Spaces (2.04 Spaces per 1,000 SF Leased)
Frontage
247 FT on Watling Street

AMENITIES

  • Bus Line
  • Dedicated Turn Lane
  • Security System
  • Automatic Blinds
  • Storage Space

LINKS

1 of 1

NEARBY MAJOR RETAILERS

The Food Warehouse
Co-operative Food
ASDA
OK Diner
Lloyds Bank
Iceland
Barclays
HSBC Bank Plc
National Westminster Bank Plc
Costa Coffee
+44 7904 630147

CONTACTS

  • Listing ID: 33312903

  • Date on Market: 9/26/2024

  • Last Updated:

  • Address: Watling St, Cannock WS11 1SH

The Retail Property at Watling St, Cannock, WS11 1SH is currently available for sale. Contact Avison Young for more information.

RETAIL PROPERTIES IN NEARBY NEIGHBORHOODS

NEARBY LISTINGS

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Watling St
+44 7904 630147 x

Watling St

1/2

Alexandra Darlington

+44 7904 630147

+44 7904 630147

Damian Lloyd

+44 121 609 8223

+44 121 609 8223

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