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1-3 The Strand 2 Retail Properties Offered at $630,057 in Exmouth
Investment Highlights
- Prime town centre retail units
- Adjacent to Memorial Square
- Well-presented prominent corner position
Executive Summary
The freehold is for sale at a guide price of £475,000 subject to the benefit of the occupational leases at set out in the Tenancy Schedule above providing a total rental income of £42,755 per annum. This reflects a net initial yield of 8.61% after normal purchasers costs.
Property Facts
| Price | $630,057 | Number of Properties | 2 |
| Price / SF | $363.98 / SF | Individually For Sale | 0 |
| Cap Rate | 8.61% | Total Building Size | 1,731 SF |
| Sale Type | Investment | Total Land Area | 0.12 AC |
| Status | Active |
| Price | $630,057 |
| Price / SF | $363.98 / SF |
| Cap Rate | 8.61% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 1,731 SF |
| Total Land Area | 0.12 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 1-2 The Strand, Exmouth EX8 1AB | Retail | 866 SF | 1870 | - |
| 3 The Strand, Exmouth EX8 1AB | Retail | 865 SF | 1970 | - |
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1-3 The Strand
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