High Street Retail Property for sale

Egerton Street, Wrexham LL11

Fixed price
16 - 748 ft²


investement as part ofa portfolio
Traditionally constructed Three storey building built to provide retail to the ground floor and offices to the upper floors. Ground floor provides 173.55 m2 (1868sq.ft)
A new 3-year lease of the ground floor is proposed at a rent of £30,000 per annum. The upper floors are vacant with an erv of £12,000.

The property is situated in a prime town centre location close to major retailers and Wrexham library.

Our Client is seeking a consideration of £500,000 for the Freehold interest equating to a niy of 5.46% after usual costs of purchase (a net yield of 7.46% based on erv).
Alternatively, our client would consider selling the business overall and fixtures and fittings with the freehold for a consideration of £625,000.


High Street Retail Property
Property reference