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Willis House 3 Overstrand Rd

1,791 SF 100% Leased Retail Building Cromer NR27 0AH $487,959 ($272/SF) 7.59% Cap Rate

Retail Space Norfolk Cromer 3 Overstrand Rd, Cromer, NFK NR27 0AH

Investment Highlights

  • Prominent corner position
  • Neighboured by Cromer town centre amenities
  • Highly visible to passing traffic

Executive Summary

The Freehold of the property consists of two commercial premises which are currently let and a one/two bedroom flat situated on the first floor which is let on and Assured Short Hold Tenancy (AST).

Attachments

Brochure

Property Facts

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
1,791 SF
Building Class
B
Year Built
1970
Price
$487,959
Price Per SF
$272
Cap Rate
7.59%
NOI
$37,060
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.58
Land Acres
0.07 AC
Frontage
86 FT on Church Street

Amenities

  • Signage

Links

1 of 1
+44 1263 711167

  • Listing ID: 34032204

  • Date on Market: 11/29/2024

  • Last Updated:

  • Address: 3 Overstrand Rd, Cromer NR27 0AH

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Willis House | 3 Overstrand Rd
+44 1263 711167 x

Willis House | 3 Overstrand Rd

Tom Cator

+44 1263 711167

+44 1263 711167

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