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180 High St 4,550 sq ft Retail Property Eston TS6 9JA £199,950 (£43.95/sq ft) 11.70% Net Initial Yield
Investment Highlights
- Heavy daytime foot traffic
- Open Plan
- Natural Light
Executive Summary
The property comprises of a ground floor pub, which is fully fitted and furnished, along with a basement. The first floor comprises of 2 residential properties, one with two bedrooms and the other with three bedrooms. Both apartments are fitted with a kitchen and bathroom and include an outdoor terrace which is unusual for the area, making this a fantastic addition.
Both apartments are tenanted and returning £175 per week per apartment with bills inclusive.
Current rent is £18,200 with a potential £30,200 per annum when fully occupied.
With this is mind, the yield return is 9.7%.
Both apartments are tenanted and returning £175 per week per apartment with bills inclusive.
Current rent is £18,200 with a potential £30,200 per annum when fully occupied.
With this is mind, the yield return is 9.7%.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Bar
Property Size
4,550 sq ft
Year Built
1901
Price
£199,950
Price per sq ft
£43.95
Yield
11.70%
NOI
£23,394
Tenancy
Single
Number of Floors
2
Plot ratio
1.75
Total Plot Size
0.06 ac
1 1
Nearby Major Retailers
1 of 2
Videos
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180 High St
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