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Malt Shovel 49 The Wharf 2,607 sq ft Retail Property Shardlow DE72 2HG £700,000 (£268.51/sq ft) 8.75% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Large front side beer garden sits on the bank of the canal in a picturesque village.
- Long Eaton Railway Station is within close proximity.
- Good level of passing trade being in a strong area.
EXECUTIVE SUMMARY
We are instructed to seek offers in excess of £700,000 (Seven hundred thousand pounds) subject to contract and exclusive of VAT. A purchase at this level reflects a Net Initial Yield of 8.75%
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Bar
Property Size
2,607 sq ft
Costar Property Class
B
Year Built
1955
Price
£700,000
Price per sq ft
£268.51
Yield
8.75%
NOI
£61,250
Tenancy
Single
Number of Floors
2
Plot ratio
0.23
Total Plot Size
0.26 ac
Parking
10 Spaces (3.84 Spaces per 1,000 sq ft Leased)
Frontage
56 ft on The Wharf
AMENITIES
- 24 Hour Access
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
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Malt Shovel | 49 The Wharf
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