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114 High St 879 sq ft Retail Property Maltby S66 7BN £125,000 (£142.21/sq ft) 6.80% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Prominent High Street Location
- Comprises ground floor shop with ancillary accommodation at first floor
- Premises forms part of busy local retail parade
EXECUTIVE SUMMARY
The property is at present let to Merryweathers (Rotherham) Ltd t/a Estate Agents for a term of 4 years from 22nd September 2017* (Holding Over) at a current rent of £8,500 per annum and the lease contains full repairing and insuring covenants.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront
Property Size
879 sq ft
Costar Property Class
B
Year Built
1990
Price
£125,000
Price per sq ft
£142.21
Yield
6.80%
NOI
£8,500
Tenancy
Single
Number of Floors
1
Plot ratio
0.13
Total Plot Size
0.16 ac
Frontage
37 ft on High Street
AMENITIES
- Courtyard
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NEARBY MAJOR RETAILERS
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114 High St
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