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49 High St 1,528 sq ft Retail Property Dingwall IV15 9HL £110,000 (£71.99/sq ft) 10.91% Net Initial Yield
Investment Highlights
- Retail investment prominently positioned on Dingwall High Street.
- Attractive net initial yield of 10.72% at the asking price.
- Let to Tarradale Home Improvements Ltd producing £12,000 per annum.
Executive Summary
For sale as an investment opportunity. The property is fully let to Tarradale Home Improvements Ltd until 1 June 2028 at a passing rent of £12,000 per annum. The heritable interest is available at an asking price of £110,000, reflecting a quoted net initial yield of 10.72%, with no VAT payable on the purchase
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
1,528 sq ft
Costar Property Class
C
Year Built
1900
Price
£110,000
Price per sq ft
£71.99
Yield
10.91%
NOI
£12,000
Tenancy
Single
Number of Floors
3
Plot ratio
0.88
Total Plot Size
0.04 ac
Frontage
18 ft on High Street
Amenities
- 24 Hour Access
- Storage Space
1 1
Nearby Major Retailers
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49 High St
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