Log In/Sign up
Your email has been sent.
87 Fore St 431 sq ft Retail Property Kingsbridge TQ7 1AB £105,000 (£243.62/sq ft) 10% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Ground floor shop unit in central Kingsbridge
- Currently utilised as a Bistro – formally Café Salute
- Asking price £105,000 reflecting a 10% gross yield
- Grade II listed
- Annual rental income £10,500 PAX
EXECUTIVE SUMMARY
Investment for sale, asking price £105,000 reflecting a 10% gross yield.
A two-year lease is currently in place from April 2025 until April 2027 with an annual rental income of £10,500 per annum. Our clients are looking to dispose of their ownership with the tenants in situ.
A well-located Grade II listed ground floor shop premises currently occupied by a sole trader who is running a Bistro style restaurant. Formally occupied by Café Salute. Open plan sales area leading to a rear storage area and WC.
A two-year lease is currently in place from April 2025 until April 2027 with an annual rental income of £10,500 per annum. Our clients are looking to dispose of their ownership with the tenants in situ.
A well-located Grade II listed ground floor shop premises currently occupied by a sole trader who is running a Bistro style restaurant. Formally occupied by Café Salute. Open plan sales area leading to a rear storage area and WC.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold/Long Leasehold
Property Subtype
Restaurant
Property Size
431 sq ft
Costar Property Class
C
Year Built
1950
Price
£105,000
Price per sq ft
£243.62
Yield
10%
NOI
£10,500
Tenancy
Single
Number of Floors
3
Plot ratio
0.13
Total Plot Size
0.08 ac
Frontage
31 ft on Fore Street
1 1
NEARBY MAJOR RETAILERS
1 of 5
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Company Not Provided
87 Fore St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.