• Broker Francis Darrah 1787322374

18-20 Cornard Rd 3,077 SF Specialty Building Offered at £650,000 at a 9% Net Initial Yield in Sudbury CO10 2XA

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INVESTMENT HIGHLIGHTS

  • The building is located towards the rear of the site and there is onsite car parking at the front and to the side of the building
  • Cornard Road is one of the principal arterial routes linking the town centre with Great Cornard.
  • The property provides clear, flexible accommodation currently used for education purposes
  • The property is prominently located close to the town centre, adjacent to Co-op Funerals and near to Sainsburys, Waitrose, Roys and Ernest Doe.

EXECUTIVE SUMMARY

PROPOSAL
Offers are invited in excess of £650,000 + VAT (Six Hundred and Fifty Thousand Pounds) for the freehold of the property, subject to the lease.
A purchase price at this figure will equate to an initial yield of approximately 9%, net of buyer’s costs

ATTACHMENTS

Sudbury - 18-20 Cornard Road

PROPERTY FACTS

Price £650,000
Price Per SF £211.24
Sale Type Investment
Net Initial Yield 9%
Tenure Freehold
Property Type Specialty
Property Subtype Schools
Lot Size 0.25 AC
Building Size 3,077 SF
Number of Floors 1
Year Built 1950
Parking Ratio 2.92/1,000 SF

MAP

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