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76 High St 7,259 sq ft Retail Property Newcastle Under Lyme ST5 1PN £300,000 (£41.33/sq ft)
Investment Highlights
- A freehold retail investment.
- Let on a 5 year FRI lease to The Rage House Limited expiring 05/05/2030.
- Total GIA approx. 7,259 sq ft (674 sq m).
- Terraced building with a rear car park and service area.
- Tenant is currently refurbishing the property.
- Investment let at £38,000 per annum (12.66% GIY on guide price).
Executive Summary
A freehold retail investment comprising a terraced building let on a 5 year FRI lease expiring 05/05/2030. Total GIA approx. 7,259 sq ft (674 sq m). Investment let at £38,000 per annum (12.66% GIY on guide price).
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront
Property Size
7,259 sq ft
Costar Property Class
B
Year Built
1960
Price
£300,000
Price per sq ft
£41.33
Tenancy
Single
Number of Floors
4
Plot ratio
2.27
Total Plot Size
0.07 ac
Amenities
- 24 Hour Access
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Nearby Major Retailers
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76 High St
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