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The Range Grey Friars Way

36,484 SF 100% Leased Retail Building Stafford ST16 2PE $11,594,105 CAD ($318 CAD/SF) 6.71% Cap Rate

Investment Highlights

  • The building is let to CDS trading as the Range
  • Purpose-built retail warehouse at Greyfriars Place
  • Prominent location

Executive Summary

Martley Capital Group, the real estate investment platform launched by entrepreneur Richard Croft with a well-known team of senior real estate professionals, has brought to market for sale a The Range store in Stafford seeking £6.4 million, or a 6.71% net initial yield.

Property Facts

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Building Size
36,484 SF
Building Class
B
Year Built
1987
Price
$11,594,105 CAD
Price Per SF
$318 CAD
Cap Rate
6.71%
NOI
$777,964 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.29
Lot Size
2.85 AC
Parking
198 Spaces (5.42 Spaces per 1,000 SF Leased)

Amenities

  • Energy Performance Rating - C

Nearby Major Retailers

Farmfoods
Pure Gym
ASDA
Co-operative Food
Starbucks
Caffe Nero
Lidl
Barclays
eurochange
HSBC
  • Listing ID: 33434379

  • Date on Market: 2024-10-07

  • Last Updated:

  • Address: Grey Friars Way, Stafford ST16 2PE

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