1-3 The Strand 2 Retail Properties Offered at $632,019 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 | $632,019 |
| Price / SF | $202.64 / SF |
| Cap Rate | 8.61% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 3,119 SF |
| Total Land Area | 0.06 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 1-2 The Strand, Exmouth EX8 1AB | Retail | 942 SF | 1870 | - |
| 3 The Strand, Exmouth EX8 1AB | Retail | 2,177 SF | 1970 | - |
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CONTACTS
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Damian
Cook
-
George
Watson
