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84 Bridge St 2,510 sq ft Retail Property Belper DE56 1AZ £300,000 (£119.52/sq ft) 6% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Access via A6
- Residential Area
- Daytime Foot Traffic
EXECUTIVE SUMMARY
Property features
Currently occupied by the well established Elaichi Indian Restaurant.
Passing rent of £18,500 per annum exclusive on a 15 year lease commencing 29th November 2011.
Located on the prominent A6 within the popular market town of Belper.
Available to purchase at £300,000.
Currently occupied by the well established Elaichi Indian Restaurant.
Passing rent of £18,500 per annum exclusive on a 15 year lease commencing 29th November 2011.
Located on the prominent A6 within the popular market town of Belper.
Available to purchase at £300,000.
FINANCIAL SUMMARY (ACTUAL - 2025) |
ANNUAL | ANNUAL PER sq ft |
|---|---|---|
| Gross Rental Income |
£18,500
|
£7.37
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
£18,500
|
£7.37
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2025)
| Gross Rental Income | |
|---|---|
| Annual | £18,500 |
| Annual Per sq ft | £7.37 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per sq ft | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per sq ft | - |
| Effective Gross Income | |
|---|---|
| Annual | £18,500 |
| Annual Per sq ft | £7.37 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per sq ft | - |
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Restaurant
Property Size
2,510 sq ft
Costar Property Class
C
Year Built
1940
Price
£300,000
Price per sq ft
£119.52
Yield
6%
NOI
£18,000
Tenancy
Single
Number of Floors
3
Plot ratio
1.73
Total Plot Size
0.03 ac
Frontage
66 ft on Bridge Street
AMENITIES
- Bus Route
- Restaurant
- Security System
- Signage
MAJOR TENANTS
- TENANT
- INDUSTRY
- sq ft OCCUPIED
- RENT/sq ft
- LEASE END
- Elaichi
- -
- -
- -
- -
| TENANT | INDUSTRY | sq ft OCCUPIED | RENT/sq ft | LEASE END | ||
| Elaichi | - | - | - | - |
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84 Bridge St
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