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71-73 Pope Ln 2,082 sq ft 100% Let Retail Property Penwortham PR1 9BY £390,000 (£187.32/sq ft) 7.45% Net Initial Yield
INVESTMENT HIGHLIGHTS
- There is on-street parking available to the front of the premises as well as on the free public car park to the rear.
- Occupiers include Kingsfold Pharmacy, William Hill and Brook Denture Clinic.
- Good footfall being situated directly adjacent to a Co-op convenience store.
EXECUTIVE SUMMARY
The total gross annual rental with effect from 14th June 2025 will therefore be £29,040.
PROPERTY FACTS Sale Pending
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Office
Property Size
2,082 sq ft
Costar Property Class
B
Year Built
1950
Price
£390,000
Price per sq ft
£187.32
Yield
7.45%
NOI
£29,040
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
1
Plot ratio
0.73
Total Plot Size
0.07 ac
Frontage
31 ft on Pope Lane
AMENITIES
- 24 Hour Access
- Security System
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NEARBY MAJOR RETAILERS
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
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71-73 Pope Ln
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