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42-48 Market St 7,396 sq ft 100% Let Retail Property Ashby De La Zouch LE65 1AN £1,050,000 (£141.97/sq ft) 7.50% Net Initial Yield
INVESTMENT HIGHLIGHTS
- prominent position in Ashby de la Zouch town centre
- Good transport links
- good flow of footfall towards the premises
EXECUTIVE SUMMARY
42-48 Market Street is a three-storey, purpose-built retail and office premises, with two self-contained retail units at ground floor both benefiting from rear access and parking, in particular the Royal Mail which has a dedicated rear yard, used as a sorting office.
The property is available freehold, subject to the occupational leases.
The property is available freehold, subject to the occupational leases.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Office
Property Size
7,396 sq ft
Costar Property Class
B
Year Built
1972
Price
£1,050,000
Price per sq ft
£141.97
Yield
7.50%
NOI
£78,750
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
3
Plot ratio
0.27
Total Plot Size
0.64 ac
Frontage
62 ft on Market St
AMENITIES
- 24 Hour Access
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NEARBY MAJOR RETAILERS
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42-48 Market St
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