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97-117 Wick St 11,131 sq ft Retail Property Littlehampton BN17 7JN £800,000 (£71.87/sq ft) 7.19% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Littlehampton is a prosperous resort town situated on the south coast approximately 6 miles east of Bognor Regis & 8 miles west of Worthing
- The A27 is to the north of the town providing access along the south coast and connecting with the M27, A3, A24 and A23
- Littlehampton Rail Station provides regular services to London Victoria and along the south coast
EXECUTIVE SUMMARY
Lot 32 was available for sale at an Allsop online auction that was held on 11th of December 2024.
The property comprises a freehold investment opportunity for sale.
The asking price is £800,000+, representing a gross initial yield of 7.19%.
The property comprises a freehold investment opportunity for sale.
The asking price is £800,000+, representing a gross initial yield of 7.19%.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront
Property Size
11,131 sq ft
Costar Property Class
C
Year Built
1970
Price
£800,000
Price per sq ft
£71.87
Yield
7.19%
NOI
£57,520
Tenancy
Single
Number of Floors
2
Frontage
61 ft on Wick Street
AMENITIES
- Roller Shutters
- Storage Space
1 1
NEARBY MAJOR RETAILERS
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97-117 Wick St
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