This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

Close
You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

962 characters remaining

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

We will automatically send your friend a one-time email inviting him or her to visit the site. LoopNet stores this information for the sole purpose of sending this one-time email and tracking the success of our referral program. View LoopNet's Privacy Policy

thank you

Your email has been sent!

43-45 Newland St
Witham CM8 2BD

Retail Property For Sale

Storefront Properties Essex Witham 43-45 Newland St, Witham, ESS CM8 2BD

Investment Highlights

  • Currently partly let
  • Prominent position
  • Two parking spaces

Executive Summary

The subject property lies directly opposite the Newland Shopping Centre and close to the junction with Collingwood Road. The property comprises a two storey building beneath a pitched, tiled roof with dormer windows to part and a flat roof. Asking Price - £650,000 (Six Hundred and Fifty Thousand pounds) reflecting a Net Initial Yield of 8.65% assuming the vacant shop is let at £25,000 per annum exclusive and allowing for purchasers costs.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
6,709 SF
Building Class
B
Year Built
1955
Price
$744,383
Price Per SF
$111
Cap Rate
8.65%
NOI
$64,389
Percent Leased
73%
Tenancy
Multiple
Building Height
2 Stories
Parking
2 Spaces (0.3 Spaces per 1,000 SF Leased)
Frontage
55 FT on Newland Street

Amenities

  • Storage Space
 

  • Listing ID: 29950084

  • Date on Market: 11/2/2023

  • Last Updated:

  • Address: 43-45 Newland St, Witham CM8 2BD

The Retail Property at 43-45 Newland St, Witham, CM8 2BD is currently available for sale. Contact Whybrow & Dodds Ltd for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

1 of 2
VIDEOS
3D TOUR
PHOTOS
STREET VIEW STREET
MAP

1/2
43-45 Newland St, Witham for sale Building Photo- Image 1 of 2
Building Photo Unit 43

Connect with us

© 2025 CoStar Group

The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}
You can provide feedback any time using the Help button at the top of the page.

Share Link