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Vaughan Road
Harpenden AL5 4EF

Clayton House, 3/7 Vaughan Road, Harpenden · Retail Property For Sale

Investment Highlights

  • Town centre retail & residential investment
  • Ground floor retail/restaurant units well secured to long established local multiples
  • Potential for future rental growth
  • Prosperous commuter town
  • 13 flats sold off on long leases

Executive Summary

Prominent retail & residential investment located in the centre of Harpenden. The property comprises four retail & restaurant units with 13 flats above sold off on long leases. Offers in excess of £1.6m to show 8.15%.

PROPERTY FACTS Sale Pending

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Restaurant
Building Size
12,000 SF
Year Built/Renovated
1980/2013
Price
$2,880,481 CAD
Price Per SF
$240 CAD
Cap Rate
8.15%
NOI
$234,759 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.46
Lot Size
0.19 AC
Parking
10 Spaces
Frontage
85 ft on Vaughan Road
  • Listing ID: 31349760

  • Date on Market: 2024-03-28

  • Last Updated:

  • Address: Vaughan Road, Harpenden AL5 4EF

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