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1-9B George St 9,251 sq ft Retail Property Clitheroe BB7 9TH £3,000,000 (£324.29/sq ft) 7.88% Net Initial Yield
Investment Highlights
- Great location
- Signage
- Public transport access
Executive Summary
Offers in excess of £3,000,000 for the freehold interest, STC. A purchase at this level reflects the following investment profile NIY of 7.88% and reversionary yield of 10%. This is after a 7.27% purchasers cost.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront
Property Size
9,251 sq ft
Costar Property Class
C
Year Built
1890
Price
£3,000,000
Price per sq ft
£324.29
Yield
7.88%
NOI
£236,400
Tenancy
Single
Number of Floors
3
Plot ratio
0.80
Total Plot Size
0.26 ac
Frontage
131 ft on George Street
Amenities
- Storage Space
- Smoke Detector
1 1
Nearby Major Retailers
1 of 10
Videos
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Photos
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Map
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1-9B George St
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