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81 Hamilton Rd 3,013 sq ft Retail Unit Offered at £475,000 in Felixstowe IP11 7BE
INVESTMENT HIGHLIGHTS
- Hamilton Road is the prime retail street in the town
- End cap position
- The subject property is at the best pitch on this pedestrianised road
EXECUTIVE SUMMARY
Felixstowe is an attractive seaside and port town in Suffolk. Felixstowe Port is the largest container port in the UK. Hamilton Road is the prime retail street in the town and the subject property is at the best pitch on this pedestrianised road.
PROPERTY FACTS Sale Pending
| Total Property Size | 3,784 sq ft | Typical Floor Size | 1,680 sq ft |
| Property Type | Retail (Unit) | Year Built | 1900 |
| Costar Property Class | B | Tenancy | Single |
| Floors | 2 | Total Plot Size | 0.09 ac |
| Total Property Size | 3,784 sq ft |
| Property Type | Retail (Unit) |
| Costar Property Class | B |
| Floors | 2 |
| Typical Floor Size | 1,680 sq ft |
| Year Built | 1900 |
| Tenancy | Single |
| Total Plot Size | 0.09 ac |
AMENITIES
- Storage Space
- Smoke Detector
1 UNIT AVAILABLE
Unit 81
| Unit Size | 3,013 sq ft | Sale Type | Investment |
| Price | £475,000 | Tenure | Freehold/Long Leasehold |
| Price Per sq ft | £157.65 | Net Initial Yield | 8.00% |
| Unit Use | Retail | NOI | £38,000 |
| Unit Size | 3,013 sq ft |
| Price | £475,000 |
| Price Per sq ft | £157.65 |
| Unit Use | Retail |
| Sale Type | Investment |
| Tenure | Freehold/Long Leasehold |
| Net Initial Yield | 8.00% |
| NOI | £38,000 |
DESCRIPTION
Ground floor sales 3,013 sq ft with first floor ancillary space at 1,260 sq ft.
The property comes with parking for 4 cars
SALE NOTES
81 Hamilton Road for sale at £475,000 plus VAT.
Let to Superdrug Stores PLC from 19th November 2024 for 5 years on FRI terms with a tenant only break option after year 3.
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NEARBY MAJOR RETAILERS
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81 Hamilton Rd
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