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114 High St 879 SF Retail Building Maltby S66 7BN $167,821 ($190.92/SF) 6.80% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Prominent High Street Location
  • Comprises ground floor shop with ancillary accommodation at first floor
  • Premises forms part of busy local retail parade

EXECUTIVE SUMMARY

The property is at present let to Merryweathers (Rotherham) Ltd t/a Estate Agents for a term of 4 years from 22nd September 2017* (Holding Over) at a current rent of £8,500 per annum and the lease contains full repairing and insuring covenants.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
879 SF
Building Class
B
Year Built
1990
Price
$167,821
Price Per SF
$190.92
Cap Rate
6.80%
NOI
$11,412
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
0.16 AC
Frontage
37’ on High Street

AMENITIES

  • Courtyard

NEARBY MAJOR RETAILERS

Fultons Foods
Tesco Superstore
  • Listing ID: 29033327

  • Date on Market: 7/18/2023

  • Last Updated:

  • Address: 114 High St, Maltby S66 7BN

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