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13 The Broadway 812 sq ft Office Property St Ives PE27 5BX £185,000 (£227.83/sq ft) 6.22% Net Initial Yield
Investment Highlights
- Prominent and well-established pitch on The Broadway
- Part of the core retail pitch
- Neighbours include eateries, cafes and bars
Executive Summary
The property is a two storey, 17th century building with cellar and attic room. The building is Grade II Listed.
The current tenant is a hearing aid clinic and the building is set out with reception and treatment rooms.
The property is currently let on a fully repairing and insuring lease at a rent of £11,500 per annum. The lease will end in August 2027.
The current tenant is a hearing aid clinic and the building is set out with reception and treatment rooms.
The property is currently let on a fully repairing and insuring lease at a rent of £11,500 per annum. The lease will end in August 2027.
Property Facts
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Property Subtype
Medical
Property Size
812 sq ft
Costar Property Class
B
Year Built
1900
Price
£185,000
Price per sq ft
£227.83
Yield
6.22%
NOI
£11,500
Tenancy
Single
Number of Floors
2
Typical Floor Size
406 sq ft
Plot ratio
1.62
Total Plot Size
0.01 ac
Amenities
- Signage
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13 The Broadway
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