Log In/Sign up
Your email has been sent.
16-16B St Marys Chare 388 sq ft 100% Let Retail Property Hexham NE46 1NQ £200,000 (£515.46/sq ft) 9% Net Initial Yield
Investment Highlights
- Excellent investment opportunity
- EPC Rating D
- Two commercial units fully let to established tenants
- Prime location within walking distance of Hexham town centre
- Spacious maisonette with private entrance
- Strong existing rental income
Executive Summary
This is a rare mixed-use investment opportunity located in a prime position in Hexham. The property comprises two ground-floor commercial units let to established tenants, alongside a vacant first-floor maisonette with separate access. The asset currently produces approximately £18,000 per annum, with clear potential to increase income once the residential unit is occupied, making it attractive for investors seeking both stable income and future growth.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
388 sq ft
Costar Property Class
B
Year Built
1865
Price
£200,000
Price per sq ft
£515.46
Yield
9%
NOI
£18,000
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
1
Plot ratio
0.31
Total Plot Size
0.03 ac
Frontage
29 ft on St Marys Chare
Amenities
- EPC - D
1 1
Nearby Major Retailers
1 of 9
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
16-16B St Marys Chare
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.