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INVESTMENT HIGHLIGHTS
- Prominent Commercial Road Location
- Two designated parking spaces to the rear
- Close to Town Centre
EXECUTIVE SUMMARY
11/12 Commercial Road is prominently located, close to the Regent Circus end of Commercial Road and the town centre retail areas. It is an established location for financial and professional services occupiers such as insurance brokers, estate agents and recruitment agencies.
PROPERTY FACTS Sale Pending
| Total Property Size | 2,434 sq ft | Floors | 2 |
| Property Type | Retail (Unit) | Typical Floor Size | 1,217 sq ft |
| Property Subtype | Shopfront Retail / Office | Year Built | 1960 |
| Costar Property Class | B |
| Total Property Size | 2,434 sq ft |
| Property Type | Retail (Unit) |
| Property Subtype | Shopfront Retail / Office |
| Costar Property Class | B |
| Floors | 2 |
| Typical Floor Size | 1,217 sq ft |
| Year Built | 1960 |
AMENITIES
- Bus Route
1 UNIT AVAILABLE
Unit 11-12
| Unit Size | 1,131 sq ft | Sale Type | Investment |
| Price | £150,000 | Tenure | Freehold/Long Leasehold |
| Price Per sq ft | £132.63 | Net Initial Yield | 9.60% |
| Unit Use | Office | NOI | £14,400 |
| Unit Size | 1,131 sq ft |
| Price | £150,000 |
| Price Per sq ft | £132.63 |
| Unit Use | Office |
| Sale Type | Investment |
| Tenure | Freehold/Long Leasehold |
| Net Initial Yield | 9.60% |
| NOI | £14,400 |
DESCRIPTION
The first floor office space has direct street level access and provides good quality accommodation incorporating a kitchen and two separate office areas, along with 2 tandem car parking spaces to the rear.
SALE NOTES
Rare investment opportunity, £150,000 exclusive.
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NEARBY MAJOR RETAILERS
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11-12 Commercial Rd
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