11 Commerce Way 1,036 SF Retail Unit Offered at £220,000 in Letchworth Garden City SG6 3DN
INVESTMENT HIGHLIGHTS
- Affluent location within the London commuter belt
- New lease from December 2023 – in excess of 5.5 years unexpired
- Highly secure income – let to F.Hinds Ltd (Shareholders’ Funds £67.9 million)
EXECUTIVE SUMMARY
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PROPERTY FACTS Under Contract
| Price | £220,000 |
| Unit Size | 1,036 SF |
| No. Units | 1 |
| Total Building Size | 1,036 SF |
| Property Type | Retail (Unit) |
| Sale Type | Investment |
| Number of Floors | 2 |
| Typical Floor Size | 518 SF |
| Year Built | 1955 |
| Lot Size | 5.87 AC |
1 UNIT AVAILABLE
Unit 11
| Unit Size | 1,036 SF |
| Price | £220,000 |
| Price Per SF | £212.36 |
| Unit Use | Retail |
| Sale Type | Investment |
| Tenure | Long Leasehold |
| Sale Status | In Exchange |
| Net Initial Yield | 8.00% |
| NOI | £17,600 |
1 of 1
NEARBY MAJOR RETAILERS
CONTACT
-
Dale Henry -
Singer Vielle
