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Cornhill House 17 Market Square 3,919 sq ft 100% Let Retail Property Crewkerne TA18 7LG £375,000 (£95.69/sq ft) 8.32% Net Initial Yield



INVESTMENT HIGHLIGHTS
- Town centre fully let investment
- Three retail units, first and second floor offices
EXECUTIVE SUMMARY
A Grade II listed building with three self contained retail units; one currently sold off on a long leasehold basis, and first and second floor offices with parking to the rear.
Shop 1 is currently trading as a ear wax removal clinic and comprises a sales area to the front with kitchen, rear sales, store and WC located to the rear of the shop. The unit benefits from air conditioning in the front and rear sales areas.
Shop 2 is currently trading as a Chinese takeaway and comprises sales to the front, with kitchen and WC to the rear. The premises has a fitted commercial kitchen with extraction system.
Shop 3 is currently trading as a florist and has been sold off on a long leasehold basis. The unit comprises sales to the front with kitchen, store and WC to the rear.
The first and second floor offices provide modern office accommodation with both cellular and open plan offices fitted with single glazed windows, carpets, compliant lighting and electric heating.
To the rear of the building is parking for approximately 8 vehicles
Shop 1 is currently trading as a ear wax removal clinic and comprises a sales area to the front with kitchen, rear sales, store and WC located to the rear of the shop. The unit benefits from air conditioning in the front and rear sales areas.
Shop 2 is currently trading as a Chinese takeaway and comprises sales to the front, with kitchen and WC to the rear. The premises has a fitted commercial kitchen with extraction system.
Shop 3 is currently trading as a florist and has been sold off on a long leasehold basis. The unit comprises sales to the front with kitchen, store and WC to the rear.
The first and second floor offices provide modern office accommodation with both cellular and open plan offices fitted with single glazed windows, carpets, compliant lighting and electric heating.
To the rear of the building is parking for approximately 8 vehicles
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Office
Property Size
3,919 sq ft
Costar Property Class
B
Year Built
1900
Price
£375,000
Price per sq ft
£95.69
Yield
8.32%
NOI
£31,200
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
3
1 1
NEARBY MAJOR RETAILERS
1 of 5
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Cornhill House | 17 Market Square
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