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20 Roman Bank 1,344 SF 100% Leased Retail Building Skegness PE25 2RU $418,387 ($311.30/SF) 10.78% Cap Rate
Investment Highlights
- Comprising an Estate Agents with 3 x self-contained flats above
- Well located in popular 'staycation' town
- Shop let to Sequence (UK) Limited t/a William H Brown Estate Agents
- Total Current Rent Reserved £33,420 p.a.
Executive Summary
Lot 97 is available for sale at an Allsop online auction that was hold on the 6th of July 2023.
The property comprises an investment opportunity for sale.
The asking price is £310,000, representing a gross initial yield of 10.78%.
The property comprises an investment opportunity for sale.
The asking price is £310,000, representing a gross initial yield of 10.78%.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
1,344 SF
Building Class
B
Year Built
1990
Price
$418,387
Price Per SF
$311.30
Cap Rate
10.78%
NOI
$45,102
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.59
Lot Size
0.05 AC
Frontage
27’ on Roman Bank
1 1
Nearby Major Retailers
1 of 2
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Presented by
20 Roman Bank
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