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54 Marsh Street South 873 sq ft 100% Let Retail Property Stoke On Trent ST1 1JD £100,000 (£114.55/sq ft) 11% Net Initial Yield
EXECUTIVE SUMMARY
A two-storey town centre investment property producing a 11% gross yield. The ground floor is let to Tax Aiders on a new 5-year commercial lease, while the first floor comprises a one-bedroom flat let on a 6-month AST. Tenants are unaffected, and the property offers a total net internal area of 873 sq ft.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
873 sq ft
Costar Property Class
C
Year Built
1908
Price
£100,000
Price per sq ft
£114.55
Yield
11%
NOI
£11,000
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
2
Frontage
17 ft on Marsh Street South
AMENITIES
- Security System
- EPC - E
- Storage Space
1 1
NEARBY MAJOR RETAILERS
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54 Marsh Street South
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