15-19 Halton Rd
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15-19 Halton Rd
4,896 SF Retail Building Spilsby PE23 5JZ £290,000 (£59/SF) 3.31% Net Initial Yield
Investment Highlights
- The property would suit a development opportunity and change of use subject to planning.
- Outbuilding and former coach house to the rear
- An opportunity to acquire this substantial investment opportunity consisting of a 5 bedroom residential maisonette and ground floor retail shops
Executive Summary
The property is offered freehold subject to a tenancy in the shop and workshops. The tenant is trading as AE Wildman & Son. The tenancy is on a 12 month rolling tenancy at £9600 pax
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
4,896 SF
Building Class
B
Year Built
1850
Price
£290,000
Price Per SF
£59
Net Initial Yield
3.31%
NOI
£9,600
Tenancy
Single
Number of Floors
3
Building FAR
1.50
Lot Size
0.08 AC
Frontage
36 ft on Halton Road
Amenities
- Security System
- Roof Terrace
- Storage Space
1 of 1
Nearby Major Retailers
1 of 8
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15-19 Halton Rd
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