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16-16A Coggeshall Rd 1,208 SF 100% Leased Retail Building Braintree CM7 9BY $456,437 ($377.85/SF) 7.60% Cap Rate
Investment Highlights
- Established historic market town
- Strong transport links via the A120, A12 and A131
- Paid public parking close by
Executive Summary
Fully Let Braintree Town Centre Investment – 7.6% Net Initial Yield
A mixed-use mid-terrace retail/office freehold investment prominently located on Coggeshall Road, Braintree, producing a total current income of £25,900 per annum from three tenants on recently commenced leases. The property is offered with an asking price of £340,000, reflecting a strong town-centre investment opportunity.
A mixed-use mid-terrace retail/office freehold investment prominently located on Coggeshall Road, Braintree, producing a total current income of £25,900 per annum from three tenants on recently commenced leases. The property is offered with an asking price of £340,000, reflecting a strong town-centre investment opportunity.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Building Size
1,208 SF
Building Class
C
Year Built
1900
Price
$456,437
Price Per SF
$377.85
Cap Rate
7.60%
NOI
$34,689
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.10
Lot Size
0.28 AC
Frontage
13’ on Coggeshall Road
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Nearby Major Retailers
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16-16A Coggeshall Rd
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