Log In/Sign up
Your email has been sent.
22-23 Queen St 3,146 sq ft Retail Property Wrexham LL11 1AL £370,000 (£117.61/sq ft) 9.22% Net Initial Yield
Investment Highlights
- Attractive freehold betting office investment in Wrexham town centre
- Entirely let to Done Brothers (Cash Betting) Limited (t/a Betfred)
- Upper parts offer future residential conversion potential (subject to consents)
Executive Summary
Prominent town centre investment comprising a substantial 3,146 sq ft property arranged over basement, ground and first floor, let on a full repairing and insuring lease to a strong national covenant at a passing rent of £35,000 per annum, with additional asset management and residential conversion potential to the upper parts (subject to consents), available for £370,000.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront
Property Size
3,146 sq ft
Costar Property Class
B
Year Built
1990
Price
£370,000
Price per sq ft
£117.61
Yield
9.22%
NOI
£34,125
Tenancy
Single
Number of Floors
2
Plot ratio
0.72
Total Plot Size
0.10 ac
Frontage
30 ft on Queen Street
1 1
Nearby Major Retailers
1 of 3
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
22-23 Queen St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.