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29-33 The Rock

3,552 SF Retail Building Bury BL9 0JP £550,000 (£155/SF) 9.03% Net Initial Yield

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Investment Highlights

Busy high street location
Multi-use property

Excellent Covenant

Executive Summary

Town centre investment opportunity. The property is single let to Bank of Scotland (t/a Halifax Bank) with a passing rent of £60,400 PA. Offers in excess of £600,000, which based on the current net income equates to a net individual yield of 8.26%.

29-33 The Rock

Property Facts

Sale Type

Investment

Property Type

Retail

Tenure

Freehold/Long Leasehold

Property Subtype

Storefront Retail/Office

Building Size

3,552 SF

Building Class

Year Built

1981

Price

£550,000

Price Per SF

£155

Net Initial Yield

9.03%

NOI

£49,665

Tenancy

Single

Number of Floors

Amenities

24 Hour Access
Banking
Bus Route

Raised Floor
Security System

Signage
Accent Lighting

EPC - B
On-Site Security Staff

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