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Straight Lines House New Rd 4,082 sq ft 100% Let Retail Property Newtown SY16 1BD £700,000 (£171.48/sq ft)
INVESTMENT HIGHLIGHTS
- A substantial and versatile commercial property
- Set within half an acre of land
- With significant development potential
EXECUTIVE SUMMARY
The freehold interest of the premises is available for sale at £700,000.
The ground floor is currently let to the well-established nationally recognised retailer Domino’s Pizza which provides the owner an immediate and stable rental income whilst the upper floors with separate access are currently vacant. Externally, the site boasts a generous private car park, providing ample parking for staff and customers.
In addition, part of the land is currently occupied by Newtown Hand Car Wash which further enhances the site income.
The ground floor is currently let to the well-established nationally recognised retailer Domino’s Pizza which provides the owner an immediate and stable rental income whilst the upper floors with separate access are currently vacant. Externally, the site boasts a generous private car park, providing ample parking for staff and customers.
In addition, part of the land is currently occupied by Newtown Hand Car Wash which further enhances the site income.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Size
4,082 sq ft
Costar Property Class
B
Year Built
1920
Price
£700,000
Price per sq ft
£171.48
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
2
Plot ratio
0.18
Total Plot Size
0.52 ac
Frontage
41 ft on New Road
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Straight Lines House | New Rd
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