Central Buildings 8-10 Middle Gate 11,525 SF Retail Building Newark NG24 1AG £495,000 (£42.95/SF) 9.45% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Pedestrian and delivery access off Castle Gate
- Painted plaster walls and ceilings throughout.
- Solid floor overlaid in tiles
EXECUTIVE SUMMARY
Middle Gate - £495,000 NIY - 9.45%
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Office
Building Size
11,525 SF
Building Class
B
Year Built
1885
Price
£495,000
Price Per SF
£42.95
Net Initial Yield
9.45%
NOI
£46,778
Tenancy
Single
Number of Floors
2
Building FAR
0.82
Lot Size
0.32 AC
Frontage
52 ft on Middle Gate
AMENITIES
- EPC - D
- Storage Space
1 of 1
NEARBY MAJOR RETAILERS
