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6 Carolgate 1,196 sq ft 100% Let Retail Property Retford DN22 6BU £195,000 (£163.04/sq ft) 7.18% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Attractive three storey building,
- Listed Building
- High Footfall location
EXECUTIVE SUMMARY
A prime retail unit with a 5.87m double glazed frontage on to Carolgate, Retford’s main retail shopping street.
The Property is available Freehold at a price of £195,000 (+vat if applicable).
The Property is let on a secure 10 year FRI lease expiring in April 2034. The current passing rent is £14,000 per annum exclusive, with a fixed rental increase to £15,000 from 1st April 2026.
The Property is available Freehold at a price of £195,000 (+vat if applicable).
The Property is let on a secure 10 year FRI lease expiring in April 2034. The current passing rent is £14,000 per annum exclusive, with a fixed rental increase to £15,000 from 1st April 2026.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront
Property Size
1,196 sq ft
Costar Property Class
B
Year Built
1910
Price
£195,000
Price per sq ft
£163.04
Yield
7.18%
NOI
£14,000
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
3
Plot ratio
0.18
Total Plot Size
0.16 ac
Frontage
56 ft on Market Place
AMENITIES
- 24 Hour Access
- Storage Space
1 1
NEARBY MAJOR RETAILERS
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VIDEOS
MATTERPORT 3D EXTERIOR
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6 Carolgate
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