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41 Albion St 946 sq ft Retail Property Rugeley WS15 2BY £85,000 (£89.85/sq ft) 7.76% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Rugeley Town Centre
- Single storey extension to the rear
- EPC Rating C-57
EXECUTIVE SUMMARY
Fully Let Self-Contained Retail Investment.
The property is currently on an internal repairing and insuring basis from 18th March, 2025 with a rolling dual break clause, by giving 6 months written notice. The rent is £6,600 per annum, payable quarterly in advance. The rent can be reviewed after the initial 3 years has elapsed.
The property is currently on an internal repairing and insuring basis from 18th March, 2025 with a rolling dual break clause, by giving 6 months written notice. The rent is £6,600 per annum, payable quarterly in advance. The rent can be reviewed after the initial 3 years has elapsed.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront
Property Size
946 sq ft
Year Built
1981
Price
£85,000
Price per sq ft
£89.85
Yield
7.76%
NOI
£6,600
Tenancy
Single
Number of Floors
2
Plot ratio
0.49
Total Plot Size
0.04 ac
Frontage
15 ft on Albion Street
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NEARBY MAJOR RETAILERS
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41 Albion St
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