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9 Penfold St 582 sq ft Retail Property Aylsham NR11 6ET £185,000 (£317.87/sq ft)
Investment Highlights
- Prime location on Penfold Street in the heart of Aylsham
- Prominent corner position
- Established commercial area, ensuring sustained footfall and long-term demand
Executive Summary
A well-located retail unit on Penfold Street, right in the bustling town centre of Aylsham, a historic market town in North Norfolk known for its thriving local economy and strong community. The property is ideally positioned close to a variety of independent shops, cafes, and professional services, benefiting from consistent footfall and excellent visibility.
The unit is let to Kingsley Healthcare, a well-established healthcare recruitment company, on a secure 5-year lease from May 2024 to May 2029, producing an annual rental income of £15,360, with an upwards-only rent review in May 2027, offering potential income growth.
The unit is let to Kingsley Healthcare, a well-established healthcare recruitment company, on a secure 5-year lease from May 2024 to May 2029, producing an annual rental income of £15,360, with an upwards-only rent review in May 2027, offering potential income growth.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Long Leasehold
Property Subtype
Shopfront Retail / Residential
Property Size
582 sq ft
Costar Property Class
B
Year Built
1970
Price
£185,000
Price per sq ft
£317.87
Tenancy
Single
Number of Floors
1
Plot ratio
0.15
Total Plot Size
0.09 ac
Frontage
52 ft on Penfold Street
Amenities
- Signage
1 1
Nearby Major Retailers
Contact
-
Kylee Moore -
Winkworth Estate Agents
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9 Penfold St
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