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12-12A Market St 1,427 SF 100% Leased Retail Building Faversham ME13 7AA $567,241 ($397.51/SF) 9.05% Cap Rate

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INVESTMENT HIGHLIGHTS

  • High footfall area
  • Amenities nearby
  • Good road connections

EXECUTIVE SUMMARY

Fully let, high yielding mid-terrace retail unit let to Card Factory with flats to the upper floors (Tenancy Schedule - page 3). The property has front and rear access. The spacious retail floor offers flexibility within Class E use.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
1,427 SF
Building Class
B
Year Built
1921
Price
$567,241
Price Per SF
$397.51
Cap Rate
9.05%
NOI
$51,319
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.62
Lot Size
0.05 AC
Frontage
37’ on Market Street

AMENITIES

  • Energy Performance Rating - D
  • Storage Space

NEARBY MAJOR RETAILERS

Nisa
Tesco Superstore
Lounges
Ask Italian
Co-op
National Westminster Bank Plc
Morrisons
Sainsbury's
  • Listing ID: 34857002

  • Date on Market: 2/18/2025

  • Last Updated:

  • Address: 12-12A Market St, Faversham ME13 7AA

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