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31 The Strand 788 sq ft Retail Property Dawlish EX7 9PT £209,500 (£265.86/sq ft) 7.50% Net Initial Yield
Investment Highlights
- Excellent connectivity
- Close proximity to local amenities
- Strategic location
Executive Summary
Offers are sought in the region of £209,500 for the freehold of this well located property currently producing an income of £15,500 per annum but with potential to increase the rent of the flat. This offers a gross return before purchase costs of just under 7.5%.
A ground floor, fully let, retail space with residential accommodation above.
A ground floor, fully let, retail space with residential accommodation above.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
788 sq ft
Costar Property Class
C
Year Built
1950
Price
£209,500
Price per sq ft
£265.86
Yield
7.50%
NOI
£15,713
Tenancy
Single
Number of Floors
3
Amenities
- Bus Route
- Security System
- EPC - B
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Nearby Major Retailers
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31 The Strand
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