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INVESTMENT HIGHLIGHTS
- Busy central location
- Traditional tenement building
- Good opportunity for private investor
EXECUTIVE SUMMARY
The subjects comprise a mid terraced ground floor retail unit contained within a traditional tenement building. The main walls are of solid stone construction whilst the roof over is pitched and clad in slates.
PROPERTY FACTS
| Total Property Size | 2,692 sq ft | Floors | 4 |
| Property Type | Retail (Unit) | Typical Floor Size | 612 sq ft |
| Property Subtype | Shopfront Retail / Residential | Year Built | 1889 |
| Costar Property Class | B | Total Plot Size | 0.02 ac |
| Total Property Size | 2,692 sq ft |
| Property Type | Retail (Unit) |
| Property Subtype | Shopfront Retail / Residential |
| Costar Property Class | B |
| Floors | 4 |
| Typical Floor Size | 612 sq ft |
| Year Built | 1889 |
| Total Plot Size | 0.02 ac |
AMENITIES
- Security System
- Storage Space
1 UNIT AVAILABLE
Unit 46
| Unit Size | 380 sq ft | Sale Type | Investment |
| Price | £65,000 | Tenure | Freehold |
| Price Per sq ft | £171.05 | Net Initial Yield | 11.79% |
| Unit Use | Retail | NOI | £7,663.50 |
| Unit Size | 380 sq ft |
| Price | £65,000 |
| Price Per sq ft | £171.05 |
| Unit Use | Retail |
| Sale Type | Investment |
| Tenure | Freehold |
| Net Initial Yield | 11.79% |
| NOI | £7,663.50 |
DESCRIPTION
The subjects comprise a mid terraced ground floor retail unit contained within a traditional tenement building. The main walls are of solid stone construction whilst the roof over is pitched and clad in slates. The subjects currently trade as an African convenience store.
SALE NOTES
Client is inviting offers of £65,000 for their heritable interest which would reflect a net initial yield of 11.79%.
Internal
NEARBY MAJOR RETAILERS
Presented by
46 South St
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