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19 Lower High St 1,801 SF 100% Leased Retail Building Tutbury DE13 9LS $615,646 ($341.84/SF)
Investment Highlights
- Retail investment currently producing £25,800 per annum exclusive.
- Excellent location in the centre of Tutbury.
- An estimated rental value when fully let of £41,000 per annum exclusive.
Executive Summary
The premises comprise a Grade II Listed, two storey building of traditional brick construction with timber, single glazed frontages surmounted by a pitched, tile clad roof. The ground floor comprises three retail units with currently two occupiers, a barber and a hot food takeaway. The remaining unit is currently vacant. In addition, to the rear of the ground floor is a onebedroom apartment which is currently vacant. The upper floor of the property comprises a large, sixbedroom apartment which is currently let. The property currently produces an income of £25,800 per annum exclusive from the three, different occupiers. However, when fully the estimated rental value is approximately £41,000 per annum exclusive. Lease documentation can be provided upon request.
£450,000 for the freehold interest.
£450,000 for the freehold interest.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Building Size
1,801 SF
Year Built
1975
Price
$615,646
Price Per SF
$341.84
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.28
Lot Size
0.15 AC
Frontage
31’ on High Street
Amenities
- Storage Space
1 1
Nearby Major Retailers
1 of 2
Videos
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19 Lower High St
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