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11 Arwenack St 595 sq ft Retail Property Falmouth TR11 3JA £230,000 (£386.55/sq ft) 8.50% Net Initial Yield

INVESTMENT HIGHLIGHTS
- Retail Investment Opportunity
- Grade II Listed Property
- Town Centre Location
- Let on a 10 year lease for £20,000 per Annum
EXECUTIVE SUMMARY
The long leasehold of this investment opportunity is available for the guide price of £230,000 providing a yield of 8.5%.
PROPERTY FACTS Sale Pending
Sale Type
Investment
Property Type
Retail
Tenure
Long Leasehold
Property Subtype
Shopfront Retail / Residential
Property Size
595 sq ft
Costar Property Class
B
Year Built
1880
Price
£230,000
Price per sq ft
£386.55
Yield
8.50%
NOI
£19,550
Tenancy
Single
Number of Floors
3
Plot ratio
0.20
Total Plot Size
0.07 ac
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NEARBY MAJOR RETAILERS
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11 Arwenack St
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