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24 Main St

500 SF Retail Building Pembroke SA71 4NP £185,000 (£370/SF) 5.41% Net Initial Yield

Investment Highlights

  • Great Retail Position
  • Good Frontage
  • Rear Garden with Water Vews

Executive Summary

A VERY WELL POSITIONED MIXED COMMERCIAL/RESIDENTIAL FREEHOLD PROPERTY (PART LET AND PART VACANT) WITHIN THE HEART OF THE HISTORIC TOWN.
Commercial - a five year Lease with a three year Break Clause to Redwing Travel at an Initial Rent of £10,000 per annum*. This Lease is in the process of being prepared - further details to be confirmed.
Residential - vacant possession.

Property Facts

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
500 SF
Year Built
1920
Price
£185,000
Price Per SF
£370
Net Initial Yield
5.41%
NOI
£10,000
Tenancy
Single
Number of Floors
3
Building FAR
0.23
Lot Size
0.05 AC
Frontage
39 ft on Main Street

Amenities

  • Signage

Nearby Major Retailers

Natwest
Co-operative Food
  • Listing ID: 28494410

  • Date on Market: 16/05/2023

  • Last Updated:

  • Address: 24 Main St, Pembroke SA71 4NP

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