18 Church St
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18 Church St
1,324 SF 100% Leased Retail Building Southwell NG25 0HD £700,000 (£529/SF)
Investment Highlights
- Popular retail location
- On-street frontage
- Good transport links
Executive Summary
A rare opportunity to purchase a freehold investment property in the centre of southwell.
Comprising two occupied commercial/retail units to the ground floor, plus two further floors. Main retail unit of approximately 123 sqm, producing a gross rent per annum of £39,000. Smaller, single unit office producing a rental income of £9,000 per annum. First floor previously rented out as offices and a salon, second floor ripe for development.
Upper floors suitable for owner occupier offices or further investment potential.
Comprising two occupied commercial/retail units to the ground floor, plus two further floors. Main retail unit of approximately 123 sqm, producing a gross rent per annum of £39,000. Smaller, single unit office producing a rental income of £9,000 per annum. First floor previously rented out as offices and a salon, second floor ripe for development.
Upper floors suitable for owner occupier offices or further investment potential.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Building Size
1,324 SF
Year Built
1970
Price
£700,000
Price Per SF
£529
Percent Leased
100%
Tenancy
Multiple
Number of Floors
3
Building FAR
0.69
Lot Size
0.04 AC
Frontage
68 ft on Church Street
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18 Church St
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