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35 High St 3,610 sq ft Retail Property Wells BA5 2AE £1,100,000 (£304.71/sq ft) 8.10% Net Initial Yield

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Investment Highlights

  • Comprises a shop, two vacant self-contained flats and rear gated yard with parking
  • Established trading location and City centre location close to Superdrug, Greggs and Waterstones
  • Lapsed planning permission for conversion of the two flats into four flats

Executive Summary

Lot 25 is available for sale at an Allsop online auction hold on Thursday 6th July 2023.
The property comprises a freehold investment opportunity for sale.
The asking price is £1,100,000.

Property Facts

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront
Property Size
3,610 sq ft
Costar Property Class
B
Year Built
1920
Price
£1,100,000
Price per sq ft
£304.71
Yield
8.10%
NOI
£89,100
Tenancy
Single
Number of Floors
1
Frontage
37 ft on High St

Nearby Major Retailers

Waitrose
Lloyds Bank
National Westminster Bank Plc
Barclays Bank
Santander
Lounges
Ask Italian
Coffee #1
Costa Coffee
ASDA
  • Listing ID: 28822542

  • Date on Market: 22/06/2023

  • Last Updated:

  • Address: 35 High St, Wells BA5 2AE

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