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The Original Factory Shop London Rd 18,839 sq ft Retail Property Beccles NR34 7HJ £400,000 (£21.23/sq ft) 23.75% Net Initial Yield
Investment Highlights
- Good road connections
- Close to residential
- Amenities nearby
Executive Summary
A freehold investment with a recently renewed 10 year lease until November 2035 (subject to option).
Property Facts
Sale Type
Investment
Sale Condition
Auction Sale
Property Type
Retail
Tenure
Freehold
Property Subtype
Standalone
Property Size
18,839 sq ft
Costar Property Class
C
Year Built
1980
Price
£400,000
Price per sq ft
£21.23
Yield
23.75%
NOI
£95,000
Tenancy
Single
Number of Floors
2
Plot ratio
0.50
Total Plot Size
0.87 ac
Parking
33 Spaces (1.75 Spaces per 1,000 sq ft Leased)
Amenities
- EPC - C
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Photos
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The Original Factory Shop | London Rd
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