£525,000

Retail premises for sale

  1.  Street Elevation
  2.  Street
  3.  Vision Express

Offers over

£525,000

(£53.20/sq. ft)

Retail premises for sale

Bailey Street, Oswestry SY11

9,868 sq. ft

Local area information

Property location

Nearby amenities

  • Our Lady and St Oswald's Catholic Primary School 0.4 miles
  • Woodside Primary School 0.4 miles
  • Gobowen 2.4 miles
  • Chirk 5.1 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Oswestry to find out more about the local area.

Features and description

  • Net Initial Yield 10.14%
  • Let to Vision Express, Card Factory and Mr Z. Jan (t/a Bargain World)
  • Not elected for VAT
  • Freehold
  • Offers in excess of £525,000 subject to contract and exclusive of VAT
  • Occupiers on Bailey Street include Specsavers (adjacent), Timpson, Max Spielman
  • Potential alternative use of vacant, self contained, first floor premises
For Sale 26,28,30,30a Bailey Street, Oswestry, Shropshire

• Providing a mid-terrace block of 3 retail properties and a vacant first floor premises
• Part let to Vision Express, Card Factory and Mr Z. Jan (t/a Bargain World)
• Vacant first floor unit available To Let at £8,000 pa
• Card Factory (formerly The Greeting Card Group) and Vision Express (formerly Rayner Opticians) have been in occupation of their premises for over 20 years
• National occupiers on Bailey Street include Specsavers (adjacent), Timpson, Max Spielman, The Works, Age UK and Home Bargains who own their own premises
• Not elected for VAT
• Freehold
• Total Passing Rent: £55,800 per annum
• Seeking offers in excess of £525,000 subject to contract and exclusive of VAT
• Net Initial Yield: 10.14% (After purchaser’s costs at 4.8%)
• Reversionary Yield on letting 30a Bailey Street: 11.60% (After purchaser’s costs at 4.8%)

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  1. Zoopla
  2. Commercial for sale
  3. Shropshire
  4. Oswestry
  5. Bailey Street