30-32 Bridge St 4,431 SF 100% Leased Retail Building Ellon AB41 9AA £600,000 (£135.41/SF) 11.38% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Town centre location.
- Great transport links
- Destination property.
EXECUTIVE SUMMARY
Offers in excess of £600,000 for our client’s interest in the subjects.
A purchase at this level would reflect a net initial yield of 11.38% after allowing for purchaser’s costs based on Land and Building Transaction Tax (LBTT).
The seven commercial units (known as Units 1 to 7) are situated within an attractive retail parade which is of single-storey construction..
A purchase at this level would reflect a net initial yield of 11.38% after allowing for purchaser’s costs based on Land and Building Transaction Tax (LBTT).
The seven commercial units (known as Units 1 to 7) are situated within an attractive retail parade which is of single-storey construction..
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Office
Building Size
4,431 SF
Building Class
C
Year Built
1900
Price
£600,000
Price Per SF
£135.41
Net Initial Yield
11.38%
NOI
£68,280
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Building FAR
0.90
Lot Size
0.11 AC
Frontage
51 ft on 32 Bridge St
AMENITIES
- Signage
- Storage Space
1 of 1
NEARBY MAJOR RETAILERS
