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53-53A Mere St 2,669 sq ft 100% Let Retail Property Diss IP22 4AG £475,000 (£177.97/sq ft)
Investment Highlights
- Prime pedestrianised high street position in the heart of Diss town centre
- Grade II Listed building forming part of a prominent retail parade
- Freehold investment comprising two retail units and a self-contained flat
Executive Summary
Freehold high street investment in the heart of Diss town centre, prominently positioned on pedestrianised Mere Street close to national and independent retailers. The Grade II Listed property comprises two well-configured ground floor retail units plus a self-contained two-bedroom flat above, with the added benefit of a large rear car park and loading area. Fully income producing with a diversified tenant mix, secure lease profile and reversionary potential, the asset offers an attractive town centre investment with a guide price of £475,000 and no VAT.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
2,669 sq ft
Costar Property Class
B
Year Built
1978
Price
£475,000
Price per sq ft
£177.97
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
2
Plot ratio
0.28
Total Plot Size
0.22 ac
Parking
16 Spaces (5.33 Spaces per 1,000 sq ft Leased)
Frontage
69 ft on Mere Street
Amenities
- Storage Space
1 1
Nearby Major Retailers
1 of 7
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53-53A Mere St
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