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1 Smith Street & 4-6 Le Pollet 1 Smith St 8,140 sq ft Retail Property Lafayette GY1 1ZD £3,500,000 (£429.98/sq ft) 6.16% Net Initial Yield

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INVESTMENT HIGHLIGHTS

  • prime retail position
  • pedestrianised area where footfall is high
  • prominent Listed building

EXECUTIVE SUMMARY

The Property is prominently located at the junction of Smith Street, Le Pollet and the High Street, which is the centre point of the town centre and the prime retail pitch. A purchase at this level reflects a Net Initial Yield of 6.16% after allowing for the deduction of purchasers costs.

ATTACHMENTS

Brochure

PROPERTY FACTS Sale Pending

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Bank
Property Size
8,140 sq ft
Costar Property Class
B
Year Built
1865
Price
£3,500,000
Price per sq ft
£429.98
Yield
6.16%
NOI
£215,600
Tenancy
Single
Number of Floors
5

AMENITIES

  • Security System
  • Storage Space

NEARBY MAJOR RETAILERS

Fifth Third Bank
Horizon Bank
Regions Bank
Old National Bank
Centier Bank
1st Source Bank
Anytime Fitness
Cosi
Buffalo Wild Wings
La Hacienda
  • Listing ID: 36961022

  • Date on Market: 29/07/2025

  • Last Updated:

  • Address: 1 Smith St, Lafayette GY1 1ZD

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