10 King St
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10 King St
1,082 SF 100% Leased Retail Building Thorne DN8 5BA £120,000 (£111/SF) 8.45% Net Initial Yield
Investment Highlights
- Existing Ground floor shop 52 m2
- Further development potential subject to consent
- Planning permission granted to add 87 m2 to the shop and an additional first floor flat
Executive Summary
The property comprises ground floor shop and an independently accessed one-bed flat above. At the rear of the Building, there is a plot part of which has conditional planning permission reference number 21/01155/FUL dated 18th June 2021 for the erection of a rear extension to the shop with flat above.
Property Facts Sale Pending
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
1,082 SF
Building Class
B
Year Built
1920
Price
£120,000
Price Per SF
£111
Net Initial Yield
8.45%
NOI
£10,140
Percent Leased
100%
Number of Floors
2
Frontage
21 ft on King Street
Amenities
- 24 Hour Access
1 of 1
Nearby Major Retailers
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10 King St
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