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24-24a Cheshire St 1,157 sq ft 100% Let Retail Property Market Drayton TF9 1PF £399,000 (£344.86/sq ft) 8.25% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Located in the centre of a popular market town
- Scope for further asset management and potential rental uplift on the residential lets
- Established retail tenant on ground and residential above
EXECUTIVE SUMMARY
Freehold mixed use investment opportunity. Price £399,000 and an annual income of £32,900 per annum making a gross yield of 8.25%.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront
Property Size
1,157 sq ft
Costar Property Class
B
Year Built
1896
Price
£399,000
Price per sq ft
£344.86
Yield
8.25%
NOI
£32,918
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
4
Plot ratio
1.01
Total Plot Size
0.03 ac
AMENITIES
- Storage Space
1 1
NEARBY MAJOR RETAILERS
1 of 4
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
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24-24a Cheshire St
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