The Golden Fleece 59 Folly Ln 3,326 SF Retail Building Shaw SN12 8HB £495,000 (£148.83/SF) 7.65% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Freehold Public House Investment
- We are instructed to invite offers in the order of £495,000 (7.65% NIY)
- Property arranged over ground and first floors, extending to approximately 3,326 sq ft (309 sq m).
EXECUTIVE SUMMARY
The subject property comprises a two storey detached public house with traditional rendered elevations under a pitched tiled roof. There is a single storey extension to the front of the property with stone elevations also under a pitched tiled roof.
The site is rectangular in shape and has an approximate site size of 0.324 acres (0.131 hectares).
The site is rectangular in shape and has an approximate site size of 0.324 acres (0.131 hectares).
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Bar
Building Size
3,326 SF
Building Class
B
Year Built
1899
Price
£495,000
Price Per SF
£148.83
Net Initial Yield
7.65%
NOI
£37,868
Tenancy
Single
Number of Floors
2
Building FAR
0.24
Lot Size
0.32 AC
Parking
22 Spaces (6.61 Spaces per 1,000 SF Leased)
Frontage
105 ft on Bath Road
AMENITIES
- 24 Hour Access
- Fireplace
- Restaurant
- Security System
- Signage
- Wheelchair Accessible
- Storage Space
- Air Conditioning
- Smoke Detector
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