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29 Lowther St 5,939 sq ft 100% Let Retail Property Carlisle CA3 8EE £475,000 (£79.98/sq ft) 8.45% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Attractive high street investment, ideally located in the heart of Carlisle city centre
- Close to all local amenities
- Advantageously situated to benefit from major scale regeneration and investment projects in the city
- Excellent transport links nearby
EXECUTIVE SUMMARY
Offers in excess of £475,000 (Four Hundred and Seventy-Five Thousand Pounds) subject to contract and exclusive of VAT. A purchase at this level would reflect a net initial yield of 8.45% assuming purchasers’ costs of 4.59% are deducted.
Attractive high street investment, ideally located in the heart of Carlisle city centre.
Attractive high street investment, ideally located in the heart of Carlisle city centre.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Bank
Property Size
5,939 sq ft
Costar Property Class
B
Year Built
1871
Price
£475,000
Price per sq ft
£79.98
Yield
8.45%
NOI
£40,138
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
3
Plot ratio
0.76
Total Plot Size
0.18 ac
AMENITIES
- 24 Hour Access
- EPC - D
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29 Lowther St
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