Log In/Sign up
Your email has been sent.
1-3 Crown St 1,137 sq ft Retail Property Brentwood CM14 4BA £340,000 (£299.03/sq ft) 7.57% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Retail investment located in Brentwood town centre, a popular commuter town approximately 20 miles north-east of Central London
- The property has a gross internal floor area of 1,137 square feet (105.7 square metres)
- Occupied by Ladbrokes Betting & Gaming Ltd (t/a Coral) on a 5-year lease from July 2023 with a current passing rent of £25,750 per annum
- The freehold interest is available for £340,000, which represents a gross yield of 7.57%.
EXECUTIVE SUMMARY
The property is arranged over ground floor only. The property has a gross internal floor area of 1,137 square feet (105.7 square metres). The upper parts have been sold off on a 999-year lease.
Please note that the sizes given are approximate only and provided by the VOA. All interested parties are advised to rely on their own inspection and survey.
Please note that the sizes given are approximate only and provided by the VOA. All interested parties are advised to rely on their own inspection and survey.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
1,137 sq ft
Costar Property Class
B
Year Built
2006
Price
£340,000
Price per sq ft
£299.03
Yield
7.57%
NOI
£25,738
Tenancy
Single
Number of Floors
3
Plot ratio
0.65
Total Plot Size
0.04 ac
Frontage
44 ft on Crown Street
1 1
NEARBY MAJOR RETAILERS
1 of 4
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
1-3 Crown St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.