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We Better Jarretts Yard 9,091 sq ft Retail Property Margate CT9 1BW £200,000 (£22.00/sq ft) 10.48% Net Initial Yield
Investment Highlights
- Detached two-storey building
- 0.57-acre freehold site
- 20 on-site car parking spaces
Executive Summary
The accommodation comprises purpose-built leisure space arranged over ground and first floors. The ground floor provides an indoor hydrotherapy pool, reception area, changing facilities and WCs, while the first floor comprises a gym, exercise studio and physiotherapy room. The layout is suited to leisure, fitness, rehabilitation and wellbeing occupiers.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Health Club
Property Size
9,091 sq ft
Costar Property Class
B
Year Built
1990
Price
£200,000
Price per sq ft
£22.00
Yield
10.48%
NOI
£20,970
Tenancy
Single
Number of Floors
1
Plot ratio
0.37
Total Plot Size
0.57 ac
Parking
23 Spaces (3.84 Spaces per 1,000 sq ft Leased)
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Nearby Major Retailers
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We Better | Jarretts Yard
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