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3 Nelson St
210 SF 100% Leased Retail Building Stroud GL5 2HL $159,407 CAD ($759 CAD/SF)
Executive Summary
A vacant three storey mixed-use period property that is currently arranged to provide a cafe/shop on the ground floor with a commercial kitchen and toilet facilities on the first floor and living accommodation on the second floor. The property benefits from a prominent retail frontage and a separate entrance to the first floor via a raised walkway. There is potential for residential conversion of the whole building or to create a self-contained residential maisonette on the upper floors whilst retaining a commercial use on the ground floor. The property could be rented for circa £13,000 per annum in its current arrangement or circa £15,000 per annum if converted to a shop and maisonette. A fantastic investment/development opportunity that would also suit owner occupiers seeking a cafe/restaurant/takeaway premises.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Auction Sale
Property Type
Retail
Tenure
Freehold
Building Size
210 SF
Year Built
1980
Price
$159,407 CAD
Price Per SF
$759 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.23
Lot Size
0.02 AC
Frontage
21 ft on Nelson Street
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Nearby Major Retailers
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3 Nelson St
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