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The Stile 3 Harrow St 3,274 sq ft Retail Property Wolverhampton WV1 4PB £485,000 (£148.14/sq ft) 9.36% Net Initial Yield
Investment Highlights
- A period property comprising a public house and large isolated beer garden, formerly a bowling green.
- The front of the property is characterful with bay windows and intricate wooden fascias.
- Located in the suburbs of Wolverhampton with good footfall.
Executive Summary
We are instructed to seek offers in excessof £485,000 (Four hundred and eighty five thousand pounds) subject to contract and exclusive of VAT. A purchase at this level reflects a Net Initial Yield of 9.36%
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Bar
Property Size
3,274 sq ft
Costar Property Class
B
Year Built
1890
Price
£485,000
Price per sq ft
£148.14
Yield
9.36%
NOI
£45,396
Tenancy
Single
Number of Floors
2
Plot ratio
0.26
Total Plot Size
0.29 ac
Frontage
86 ft on Harrow Street
Amenities
- 24 Hour Access
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Nearby Major Retailers
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Presented by
The Stile | 3 Harrow St
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