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Lamb Inn 161 High St 4,499 SF Retail Building Weston Super Mare BS22 6JA $641,814 ($142.66/SF) 9.53% Cap Rate
Investment Highlights
- Entire property let to M Day 2 Limited
- Site extending to 0.18 acres
- Property arranged over two levels extending to 4,499 Sq Ft (418 Sq M)
Executive Summary
The property comprises the ground and first floor of a two storey detached building with painted rendered elevations beneath a pitched roof.
We are instructed to invite offers in excess of £475,000 (9.53% NIY) assuming the usual purchasers costs.
We are instructed to invite offers in excess of £475,000 (9.53% NIY) assuming the usual purchasers costs.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Restaurant
Building Size
4,499 SF
Building Class
B
Year Built
1877
Price
$641,814
Price Per SF
$142.66
Cap Rate
9.53%
NOI
$61,165
Tenancy
Single
Building Height
2 Stories
Building FAR
0.57
Lot Size
0.18 AC
Frontage
59’ on High Street
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Nearby Major Retailers
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Lamb Inn | 161 High St
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