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32 High St 493 sq ft 100% Let Retail Property Botley SO30 2EA £450,000 (£912.78/sq ft) 4.90% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Sought after village
- Nearby occupiers include The Nail Rooms, Botley Dental Care, The Co-op, Post Office and many more
- Ground floor commercial unit with residential uppers
EXECUTIVE SUMMARY
Offers invited in the region of £450,000 for the freehold interest subject to contract and subject to the existing tenancies.
A purchase at this level shows a Net Initial Yield of 4.9% after allowing usual buyers costs.
A purchase at this level shows a Net Initial Yield of 4.9% after allowing usual buyers costs.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Size
493 sq ft
Year Built
1900
Price
£450,000
Price per sq ft
£912.78
Yield
4.90%
NOI
£22,050
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
2
Plot ratio
0.44
Total Plot Size
0.03 ac
Frontage
21 ft on High Street
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32 High St
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