67-68 High St
Chelmsford CM1 1DH
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Benefits from excellent transport links
- Property occupies a prime and prominent location on Chelmsford High Street
- An affluent population
EXECUTIVE SUMMARY
Seeking offers in excess of £2,530,000 (Two Million Five Hundred and Thirty Thousand Pounds), exclusive of VAT and subject to contract. A purchase at this level would reflect a Net Initial Yield of 6.50% allowing for graduated purchasers costs.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
4,017 SF
Building Class
B
Year Built
1861
Price
$4,645,717 CAD
Price Per SF
$1,156.51 CAD
Cap Rate
6.50%
NOI
$301,972 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.32
Lot Size
0.07 AC
