U&I Sells Crown Glass Shopping Centre In Nailsea For £11.15M
1 Somerset Square, Nailsea, Bristol Bs48 1 Rp, Uk
$11,150,000
$67/SF
Building Size
165,000 SF
Asset Type
Retail
Closing
Mar 29, 2020
About this deal
AI
The Crown Glass Shopping Centre in Nailsea has been sold in a recent transaction, according to Matthew Weiner’s photograph. The retail property, with a total area of 165,000 square feet, was purchased for £11,150,000, resulting in a price per square foot of £68.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: £11,150,000
- Square footage: 165,000
- Price per square foot: £68
- Address: Crown Glass Shopping Centre, Nailsea
- Market: Nailsea
The seller of the property was U+I with Matthew Weiner acting as their representative in the deal.
Players
Bristol Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.42%
Cash-on-Cash
-0.41%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93