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28 High St

4,714 SF Retail Building Crediton EX17 3AH $396,081 ($84/SF)

INVESTMENT HIGHLIGHTS

  • Town centre location, close to TescoExpress and Lloyds Bank
  • Trading as Costa Coffee
  • Entirely let on a lease expiring 2027 (without break)
  • Potential for future redevelopment of the upper floors

EXECUTIVE SUMMARY

Lot 97 is available for sale at an Allsop online auction to be held on Tuesday 19th September 2023.
The property comprises a freehold investment opportunity for sale.
The asking price is £315,000, representing a gross initial yield of 7.94%.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
4,714 SF
Building Class
C
Year Built
1870
Price
$396,081
Price Per SF
$84
Tenancy
Single
Building Height
3 Stories
Frontage
36 FT on High St

AMENITIES

  • Security System
  • Signage
  • Storage Space
  • Air Conditioning

NEARBY MAJOR RETAILERS

Costa Coffee
Co-operative Food
SPAR
Morrisons
Tesco Superstore
ASDA
  • Listing ID: 29450484

  • Date on Market: 9/6/2023

  • Last Updated:

  • Address: 28 High St, Crediton EX17 3AH

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