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80 High St

3,791 SF Retail Building Newmarket CB8 8JX $791,129 ($209/SF) 8% Cap Rate

Investment Highlights

  • Newmarket is a busy East Anglian market town
  • Other major multiple retailers in the vicinity include Vodaphone, EE and Greggs with regional multiple Golding, Caffe Nero and Pizza Express
  • Newmarket is a busy East Anglian market town

Executive Summary

Seeking offers in excess of £625,000 (Six Hundred and Twenty Five Thousand Pounds) subject to contract and exclusive of VAT for the freehold interest in the property. A purchase at this price would show an investor an attractive net initial yield of approximately 8% assuming standard purchaser’s costs.

Property Facts

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
3,791 SF
Building Class
B
Year Built
1989
Price
$791,129
Price Per SF
$209
Cap Rate
8%
NOI
$63,290
Tenancy
Single
Building Height
2 Stories
Frontage
17 FT on High St

Nearby Major Retailers

Caffe Nero
Starbucks
Lloyds TSB Bank
Barclays Bank
Costa Coffee
SPAR
National Westminster Bank Plc
Iceland
Table Table
Waitrose & Partners
  • Listing ID: 29806060

  • Date on Market: 10/17/2023

  • Last Updated:

  • Address: 80 High St, Newmarket CB8 8JX

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