58-60 High St 2,250 SF 100% Leased Retail Building Hucknall NG15 7AX £575,000 (£255.56/SF) 8.73% Net Initial Yield
INVESTMENT HIGHLIGHTS
- 2 ground floor retail units
- Freehold
- Fully let ground floor and one vacant residential unit
- Current rent roll £50,200 pa
EXECUTIVE SUMMARY
Offers invited at £575,000 reflecting an initial yield of 8.73% and a reversionary yield of 10.43% before costs.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
2,250 SF
Building Class
B
Year Built
1920
Price
£575,000
Price Per SF
£255.56
Net Initial Yield
8.73%
NOI
£50,198
Percent Leased
100%
Tenancy
Multiple
Number of Floors
3
Frontage
28 ft on High Street
AMENITIES
- EPC - D
1 of 1
NEARBY MAJOR RETAILERS
