4 The Sq 1,778 SF Retail Building Beaminster DT8 3AS £760,000 (£427.45/SF) 4.49% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Property arranged over three levels extending to approx. 2,874 sqft (267 sqm)
- Under a pitched tile roof
- Stone construction
EXECUTIVE SUMMARY
Offers in the region of £760,000 which reflects a Net Initial Yield of 4.49% after deducting the usual purchasers costs.
The restaurant business will continue to trade unaffected from the premises during the marketing of the property and post completion of the sale. The residential letting property is currently let on a 12 month AST until summer 2025.
The restaurant business will continue to trade unaffected from the premises during the marketing of the property and post completion of the sale. The residential letting property is currently let on a 12 month AST until summer 2025.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Restaurant
Building Size
1,778 SF
Year Built
1800
Price
£760,000
Price Per SF
£427.45
Net Initial Yield
4.49%
NOI
£34,124
Tenancy
Single
Number of Floors
2
Building FAR
1.04
Lot Size
0.04 AC
1 of 1
CONTACT
-
Chris Bickle -
Savills
