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25 Broadway 1,444 sq ft Retail Property Peterborough PE1 1SQ £235,000 (£162.74/sq ft) 7.30% Net Initial Yield
INVESTMENT HIGHLIGHTS
- High footfall area
- Close to residential areas
- Close to Peterborough Town Centre
EXECUTIVE SUMMARY
The property is available For Sale freehold subject to the existing lease.
The property is let to Close Encounters (Bedford) Ltd on a 9 year lease from 29th September 2018 (expiring September 2027). The current rent is £17,500 pax.
The property is let to Close Encounters (Bedford) Ltd on a 9 year lease from 29th September 2018 (expiring September 2027). The current rent is £17,500 pax.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront
Property Size
1,444 sq ft
Costar Property Class
B
Year Built
1903
Price
£235,000
Price per sq ft
£162.74
Yield
7.30%
NOI
£17,155
Tenancy
Single
Number of Floors
2
Frontage
19 ft on Broadway
AMENITIES
- Bus Route
- Security System
- Signage
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NEARBY MAJOR RETAILERS
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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25 Broadway
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