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59 High St 4,144 sq ft Retail Property Ilfracombe EX34 9QB £300,000 (£72.39/sq ft) 7.80% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Town connects with the South-West England motorway, the M5
- Potential to use residential area as letting accommodation and increase revenue
- The property is located on the high street within walking distance to the sea front
EXECUTIVE SUMMARY
Comprises public house/restaurant with function room and staff/letting accommodation.
Vacant possession with purchase price of £300,000.
Vacant possession with purchase price of £300,000.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Bar
Property Size
4,144 sq ft
Year Built
1900
Price
£300,000
Price per sq ft
£72.39
Yield
7.80%
NOI
£23,400
Tenancy
Single
Number of Floors
5
Plot ratio
1.00
Total Plot Size
0.10 ac
Frontage
29 ft on High Street
AMENITIES
- Restaurant
- Storage Space
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59 High St
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