58-60 High St
Hucknall NG15 7AX
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 2 ground floor retail units
- Freehold
- Fully let ground floor and one vacant residential unit
- Current rent roll £50,200 pa
EXECUTIVE SUMMARY
Offers invited at £575,000 reflecting an initial yield of 8.73% and a reversionary yield of 10.43% before costs.
PROPERTY FACTS Sale Pending
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
2,250 SF
Building Class
B
Year Built
1920
Price
$769,334
Price Per SF
$341.93
Cap Rate
8.73%
NOI
$67,163
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Frontage
28’ on High Street
AMENITIES
- Energy Performance Rating - D
