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3-5 The Parade

1,882 SF 100% Leased Retail Building Minehead TA24 5NL $783,090 ($416/SF) 7% Cap Rate

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Investment Highlights

Retail investment with development opportunity

Executive Summary

Investment The property is available freehold subject to the commercial leases in place at a guide price of £625,000, reflecting a net yield of 7.00% having allowed for purchasers costs at 5.12%
The building has planning permission to convert the coach house and vacant areas into three separate residential dwellings.

3-5 The Parade, Minehead