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16-16A Coggeshall Rd 1,208 sq ft 100% Let Retail Property Braintree CM7 9BY £340,000 (£281.46/sq ft) 7.60% Net Initial Yield
Investment Highlights
- Established historic market town
- Strong transport links via the A120, A12 and A131
- Paid public parking close by
Executive Summary
Fully Let Braintree Town Centre Investment – 7.6% Net Initial Yield
A mixed-use mid-terrace retail/office freehold investment prominently located on Coggeshall Road, Braintree, producing a total current income of £25,900 per annum from three tenants on recently commenced leases. The property is offered with an asking price of £340,000, reflecting a strong town-centre investment opportunity.
A mixed-use mid-terrace retail/office freehold investment prominently located on Coggeshall Road, Braintree, producing a total current income of £25,900 per annum from three tenants on recently commenced leases. The property is offered with an asking price of £340,000, reflecting a strong town-centre investment opportunity.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Size
1,208 sq ft
Costar Property Class
C
Year Built
1900
Price
£340,000
Price per sq ft
£281.46
Yield
7.60%
NOI
£25,840
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
3
Plot ratio
0.10
Total Plot Size
0.28 ac
Frontage
13 ft on Coggeshall Road
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Nearby Major Retailers
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16-16A Coggeshall Rd
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