19 Winchester St 500 SF Retail Building Salisbury SP1 1HB £525,000 (£1,050/SF) 7.25% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Traditional construction
- Corner position
- Period features
EXECUTIVE SUMMARY
Freehold subject to the existing leases. The combined rental income from the three units is currently £39,900 per annum.
£525,000 reflecting a net initial yield of 7.25% after purchasers costs at 4.75%.
£525,000 reflecting a net initial yield of 7.25% after purchasers costs at 4.75%.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Building Size
500 SF
Building Class
C
Year Built
1800
Price
£525,000
Price Per SF
£1,050
Net Initial Yield
7.25%
NOI
£38,063
Tenancy
Single
Number of Floors
3
1 of 1
NEARBY MAJOR RETAILERS
