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3 Church Ct

407 SF Retail Building Okehampton EX20 1DJ £100,000 (£246/SF) 4.94% Net Initial Yield

Investment Highlights

  • Attractive town located on the northern edge of Dartmoor National Park
  • Provides access to the M5 motorway to the east of Exeter and Launceston some 7 miles to the west
  • The town enjoys good road communications with the A30 by-pass running to the south of the town centre

Executive Summary

The property is arranged on ground floor only to provide a lock-up shop which forms part of a larger building the remainder of which is not
included in the sale.
Purchase Price is £100,000 with gross Initial Yield at 4.94% and rental Income of £4,944 p.a.

Attachments

3 Church Court

Property Facts

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Office
Building Size
407 SF
Building Class
B
Year Built
1910
Price
£100,000
Price Per SF
£246
Net Initial Yield
4.94%
NOI
£4,944
Tenancy
Single
Number of Floors
1
Frontage
31 ft on Church Court

Amenities

  • Storage Space
  • Listing ID: 33323110

  • Date on Market: 27/09/2024

  • Last Updated:

  • Address: 3 Church Ct, Okehampton EX20 1DJ

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