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4 Church St 1,391 sq ft 100% Let Retail Property Sheringham NR26 8QR £390,000 (£280.37/sq ft) 8% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Good raod links
- Close proximity to local amenities
- Good transport links
EXECUTIVE SUMMARY
Offers in the region of £390,000 to reflect an attractive NIY of 8%.
Prime retail investment in thriving Norfolk resort town, secured on the excellent covenant of The Works Stores Ltd.
Prime retail investment in thriving Norfolk resort town, secured on the excellent covenant of The Works Stores Ltd.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
1,391 sq ft
Costar Property Class
B
Year Built
1910
Price
£390,000
Price per sq ft
£280.37
Yield
8%
NOI
£31,200
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
3
Plot ratio
0.35
Total Plot Size
0.09 ac
Frontage
50 ft on Church Street
AMENITIES
- Signage
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NEARBY MAJOR RETAILERS
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4 Church St
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