Tesco | Burgh Old Rd
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Tesco Burgh Old Rd
4,000 SF Retail Building Skegness PE25 2LJ £1,400,000 (£350/SF) 5.25% Net Initial Yield
Investment Highlights
- New build
- Lots of natural light
- Modern features
Executive Summary
The investment is available at a guide price of£1.4 million, which represents a NIY of 5.25%. Completion of the purchase will be expected
simultaneously with completion of the lease.
simultaneously with completion of the lease.
Property Facts Sale Pending
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Building Size
4,000 SF
Year Built
2024
Construction Status
Under Construction
Price
£1,400,000
Price Per SF
£350
Net Initial Yield
5.25%
NOI
£73,500
Tenancy
Single
Number of Floors
1
Building FAR
0.03
Lot Size
3.02 AC
1 of 1
Nearby Major Retailers
1 of 4
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Tesco | Burgh Old Rd
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