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Lamb Inn 161 High St 4,499 sq ft Retail Property Weston Super Mare BS22 6JA £475,000 (£105.58/sq ft) 9.53% Net Initial Yield
Investment Highlights
- Entire property let to M Day 2 Limited
- Site extending to 0.18 acres
- Property arranged over two levels extending to 4,499 Sq Ft (418 Sq M)
Executive Summary
The property comprises the ground and first floor of a two storey detached building with painted rendered elevations beneath a pitched roof.
We are instructed to invite offers in excess of £475,000 (9.53% NIY) assuming the usual purchasers costs.
We are instructed to invite offers in excess of £475,000 (9.53% NIY) assuming the usual purchasers costs.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Restaurant
Property Size
4,499 sq ft
Costar Property Class
B
Year Built
1877
Price
£475,000
Price per sq ft
£105.58
Yield
9.53%
NOI
£45,268
Tenancy
Single
Number of Floors
2
Plot ratio
0.57
Total Plot Size
0.18 ac
Frontage
59 ft on High Street
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Lamb Inn | 161 High St
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