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10-26 Market Sq 12,286 sq ft 100% Let Retail Property South Woodham Ferrers CM3 5XA £1,000,000 (£81.39/sq ft) 11.90% Net Initial Yield
Investment Highlights
- Retail & Office Investment
- Retirement Sale
- Town Centre Location
- Well Maintained Throughout
- Fully Let Income Producing Investment
Executive Summary
The property was built circa 1991 of steel frame construction offering versatile accommodation and long-term income. The building is held on a long lease from SW Investments Limited (Formerly owned by the local borough) ta a ground rent of £29,750 (last review 2021). Guide price is £1,000,000.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Long Leasehold
Property Subtype
Shopfront Retail / Office
Property Size
12,286 sq ft
Costar Property Class
B
Year Built
1991
Price
£1,000,000
Price per sq ft
£81.39
Yield
11.90%
NOI
£119,000
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
3
Plot ratio
0.55
Total Plot Size
0.51 ac
Amenities
- Accent Lighting
- Air Conditioning
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Nearby Major Retailers
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Videos
Matterport 3D Exterior
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Photos
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Street
Map
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Presented by
10-26 Market Sq
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