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20 Roman Bank 1,344 sq ft 100% Let Retail Property Skegness PE25 2RU £310,000 (£230.65/sq ft) 10.78% Net Initial Yield
Investment Highlights
- Comprising an Estate Agents with 3 x self-contained flats above
- Well located in popular 'staycation' town
- Shop let to Sequence (UK) Limited t/a William H Brown Estate Agents
- Total Current Rent Reserved £33,420 p.a.
Executive Summary
Lot 97 is available for sale at an Allsop online auction that was hold on the 6th of July 2023.
The property comprises an investment opportunity for sale.
The asking price is £310,000, representing a gross initial yield of 10.78%.
The property comprises an investment opportunity for sale.
The asking price is £310,000, representing a gross initial yield of 10.78%.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront
Property Size
1,344 sq ft
Costar Property Class
B
Year Built
1990
Price
£310,000
Price per sq ft
£230.65
Yield
10.78%
NOI
£33,418
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
3
Plot ratio
0.59
Total Plot Size
0.05 ac
Frontage
27 ft on Roman Bank
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Nearby Major Retailers
1 of 2
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Presented by
20 Roman Bank
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