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63 High St 5,771 sq ft Retail Property Nairn IV12 4BW £282,000 (£48.87/sq ft) 11.22% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Large glazed double frontage
- Let to the Factory shop
- Prime high street location
EXECUTIVE SUMMARY
The investment opportunity is available “For Sale” with Offers over £282,000, exclusive of VAT invited in respect of our client’s heritable interest in the property with the benefit of the existing lease to The Factory Shop Ltd.
PROPERTY FACTS Sale Pending
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
5,771 sq ft
Costar Property Class
B
Year Built
1960
Price
£282,000
Price per sq ft
£48.87
Yield
11.22%
NOI
£31,640
Tenancy
Single
Number of Floors
1
Plot ratio
0.95
Total Plot Size
0.14 ac
Frontage
49 ft on High Street
AMENITIES
- Storage Space
1 1
NEARBY MAJOR RETAILERS
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63 High St
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