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52 Main St 3,675 sq ft Retail Property Doune FK16 6BW £840,000 (£228.57/sq ft) 7.20% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Prominent convenience food store investment
- Newly built in 2017 for Co-operative Food
- Situated in the picturesque village of Doune in Stirlingshire
EXECUTIVE SUMMARY
Instructed to seek offers over £840,000 exclusive of VAT for our client’s heritable interest subject to and with the benefit of the existing lease. A purchase at this level would show an attractive net initial yield of 7.20% allowing for purchasers costs of 5.56%.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront
Property Size
3,675 sq ft
Year Built
2017
Price
£840,000
Price per sq ft
£228.57
Yield
7.20%
NOI
£60,450
Tenancy
Single
Number of Floors
1
Plot ratio
0.92
Total Plot Size
0.09 ac
Frontage
53 ft on Main Street
AMENITIES
- 24 Hour Access
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52 Main St
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