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12-12A Market St 1,427 sq ft 100% Let Retail Property Faversham ME13 7AA £425,000 (£297.83/sq ft) 9.05% Net Initial Yield

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INVESTMENT HIGHLIGHTS

  • High footfall area
  • Amenities nearby
  • Good road connections

EXECUTIVE SUMMARY

Fully let, high yielding mid-terrace retail unit let to Card Factory with flats to the upper floors (Tenancy Schedule - page 3). The property has front and rear access. The spacious retail floor offers flexibility within Class E use.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
1,427 sq ft
Costar Property Class
B
Year Built
1921
Price
£425,000
Price per sq ft
£297.83
Yield
9.05%
NOI
£38,450
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
3
Plot ratio
0.62
Total Plot Size
0.05 ac
Frontage
37 ft on Market Street

AMENITIES

  • EPC - D
  • Storage Space

NEARBY MAJOR RETAILERS

Nisa
Tesco Superstore
Lounges
Ask Italian
Co-op
National Westminster Bank Plc
Morrisons
Sainsbury's
  • Listing ID: 34857002

  • Date on Market: 18/02/2025

  • Last Updated:

  • Address: 12-12A Market St, Faversham ME13 7AA

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