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43-45 Bridge St

3,264 SF 100% Leased Retail Building Evesham WR11 4SG £500,000 (£153/SF) 8.17% Net Initial Yield

Investment Highlights

  • Retail and residential investment in Evesham town centre.
  • Reflecting a net initial yield of 8.17% (assuming purchase costs of 4.40%
  • Immediate income of £42,640 per annum
  • Grade II Listed building

Executive Summary

We are instructed to seek offers based on £500,000 (Five Hundred Thousand Pounds), subject to contract. A purchase at this level represents a net initial yield of 8.17% (including top up and assuming purchase costs of 4.40%).

Property Facts

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
3,264 SF
Building Class
C
Year Built
1900
Price
£500,000
Price Per SF
£153
Net Initial Yield
8.17%
NOI
£40,850
Percent Leased
100%
Tenancy
Multiple
Number of Floors
3
Frontage
50 ft on Bridge St

Amenities

  • Storage Space

Nearby Major Retailers

Bakers + Baristas
Lounges
Coffee1
HSBC Bank Plc
Natwest
Waitrose & Partners
Santander
T S B
Lloyds Bank
Iceland
  • Listing ID: 33125469

  • Date on Market: 10/09/2024

  • Last Updated:

  • Address: 43-45 Bridge St, Evesham WR11 4SG

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