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11 North St 697 sq ft Retail Property Rochford SS4 1AB £239,950 (£344.26/sq ft) 8.23% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Investment
- Freehold
- 696 Approx Sq Ft
EXECUTIVE SUMMARY
Located just around the corner from the Market Square and comprising a celebrated Gents Hair Salon in some 696 sq ft let with an income of £10,140pa, together with a s/c 1 bedroom flat above, which could be let for circa £9,600pa & therefore a ERV of £19,740pa.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
697 sq ft
Costar Property Class
B
Year Built
1920
Price
£239,950
Price per sq ft
£344.26
Yield
8.23%
NOI
£19,740
Tenancy
Single
Number of Floors
2
Plot ratio
0.70
Total Plot Size
0.02 ac
Frontage
33 ft on North St
AMENITIES
- Signage
1 1
NEARBY MAJOR RETAILERS
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11 North St
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