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84-88 North St 954 sq ft Retail Property Leighton Buzzard LU7 1ES £375,000 (£393.08/sq ft) 5.47% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Private access to accommodation over. Flat with two bedrooms, lr, k and b/wc, plus reception area at ground floor.
- Waitrose, Morrisons, Tesco, Aldi and all amenities within walking distance. A505/A4146 1.5 miles, A5 3.7 miles, M1 J11a 8.6 miles.
- Ground floor accommodation incorporates betting shop, disabled access wc, additional wc plus staff kitchen and bathroom.
EXECUTIVE SUMMARY
Fully repairing and insuring lease for 10 year term from 2023 at passing rent £20,500 due for review in June 2028.
The lease includes the entirety of the premises incorporating the ground floor retail plus the two bed accommodation over.
The lease includes the entirety of the premises incorporating the ground floor retail plus the two bed accommodation over.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
954 sq ft
Year Built
1970
Price
£375,000
Price per sq ft
£393.08
Yield
5.47%
NOI
£20,500
Tenancy
Single
Number of Floors
1
Plot ratio
0.72
Total Plot Size
0.03 ac
Frontage
35 ft on North Street
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84-88 North St
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