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102-104 Union St 2,269 sq ft 100% Let Retail Property Torquay TQ2 5PY £215,000 (£94.76/sq ft) 12.19% Net Initial Yield

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INVESTMENT HIGHLIGHTS

  • Fronting the pedestrianised Union Street, adjacent to Natwest and opposite Hailfax Bank
  • Comprises 2 shops, a self contained basement and upper floors (sold off)
  • Close to New Central Cinema and entrance to Union Square Shopping Centre

EXECUTIVE SUMMARY

Lot 73 was available for sale at an Allsop online auction that was held on the 11th of June 2024.
The property comprises an investment opportunity for sale.
The asking price is £215,000.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront
Property Size
2,269 sq ft
Costar Property Class
B
Year Built
1900
Price
£215,000
Price per sq ft
£94.76
Yield
12.19%
NOI
£26,209
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
4
Frontage
36 ft on Union St

AMENITIES

  • Signage

NEARBY MAJOR RETAILERS

Caffè Nero
Costa Coffee
Iceland
Lloyds TSB Bank
T S B
Las Iguanas
SPAR
Tesco
Coffee 1
Co-op
  • Listing ID: 32025668

  • Date on Market: 05/06/2024

  • Last Updated:

  • Address: 102-104 Union St, Torquay TQ2 5PY

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