Log In/Sign up
Your email has been sent.
88 Southgate 754 sq ft 100% Let Retail Property Elland HX5 0EP £115,000 (£152.52/sq ft) 6.70% Net Initial Yield
Investment Highlights
- Well positioned on the edge of Elland town centre.
- Close to public car parking
- Occupied by a longstanding tenant paying £7,800 per annum
Executive Summary
SINGLE LET COMMERCIAL INVESTMENT OPPORTUNITY
The property comprises a single storey commercial building which has been occupied as a pet shop for a number of years. It is well located at the junction of Southgate and Elizabeth Street close to public car parking and is subject to a continuation of a lease with the tenant paying £7,800 per annum. The property presents a prospect of some rental growth and, based on the asking price, reflects an initial yield of 6.7%.
The property comprises a single storey commercial building which has been occupied as a pet shop for a number of years. It is well located at the junction of Southgate and Elizabeth Street close to public car parking and is subject to a continuation of a lease with the tenant paying £7,800 per annum. The property presents a prospect of some rental growth and, based on the asking price, reflects an initial yield of 6.7%.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Office
Property Size
754 sq ft
Costar Property Class
C
Year Built
1900
Price
£115,000
Price per sq ft
£152.52
Yield
6.70%
NOI
£7,705
Occupancy Rate
100%
Number of Floors
1
Plot ratio
1.00
Total Plot Size
0.02 ac
Frontage
1 1
Nearby Major Retailers
1 of 4
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
88 Southgate
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.