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20 High St 1,614 sq ft Vacant Retail Property Thornbury BS35 2AH £225,000 (£139.41/sq ft) 5.33% Net Initial Yield
Investment Highlights
- Located on the High Street
- Number of free public car parks available in close proximity
- Popular shopping centre located nearby
Executive Summary
The property comprises a ground floor retail unit with first and second floor offices, within a mid-terraced building situated on the High Street in Thornbury. The offices have their own access from the ground floor and are completely self-contained.
Currently configured as four separate office rooms over two floors, with a separate kitchenette and two single WC’s.
There is a lease in place on the ground floor, held on effectively full repairing and insuring terms until the 28th of September 2026. The passing rent is £12,500 per annum, exclusive.
Currently configured as four separate office rooms over two floors, with a separate kitchenette and two single WC’s.
There is a lease in place on the ground floor, held on effectively full repairing and insuring terms until the 28th of September 2026. The passing rent is £12,500 per annum, exclusive.
Property Facts Sale Pending
Sale Type
Investment or Owner Occupier
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Office
Property Size
1,614 sq ft
Costar Property Class
B
Year Built
1706
Price
£225,000
Price per sq ft
£139.41
Yield
5.33%
NOI
£12,000
Occupancy Rate
Vacant
Tenancy
Multiple
Number of Floors
3
Plot ratio
0.74
Total Plot Size
0.05 ac
Frontage
10 ft on High Street
Amenities
- Storage Space
1 1
Nearby Major Retailers
1 of 8
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20 High St
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