5 High St - Storefront Retail/Residential FOR SALE


Newport Pagnell, BKM MK16 8AR
$800,000 USD
5 High St, Newport Pagnell, BKM for Sale
$800,000 USD
Storefront Retail/Residential - FOR SALE
1/3
null | 7.56% Cap Rate

5 High St
Newport Pagnell, BKM MK16 8AR


HIGHLIGHTS

  • Well positioned for passing traffic and footfall visibility
  • Neighboured by town centre amenities
  • Situated close to the M1 motorway

OVERVIEW

The property comprises two Class E commercial units, Additionally, the property includes three residential apartments: 2 x two bedroom apartments and 1 ground floor one bedroom apartment. Fully tenanted, the property generates a total annual rental income of £60,500, with £18,500 from the commercial units and £42,000 from the residential apartments.

FOR SALE DETAILS

PRICE

$800,000 USD

PRICE/SF

$1,060 USD /SF

CAP RATE

7.56%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1905

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.02 AC

LAND SF

1,000 SF

ZONING

-

APN/PARCEL ID

BM160172

ASK ABOUT THIS PROPERTY

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