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4 Church St 1,391 SF 100% Leased Retail Building Sheringham NR26 8QR $519,633 ($373.57/SF) 8% Cap Rate
INVESTMENT HIGHLIGHTS
- Good raod links
- Close proximity to local amenities
- Good transport links
EXECUTIVE SUMMARY
Offers in the region of £390,000 to reflect an attractive NIY of 8%.
Prime retail investment in thriving Norfolk resort town, secured on the excellent covenant of The Works Stores Ltd.
Prime retail investment in thriving Norfolk resort town, secured on the excellent covenant of The Works Stores Ltd.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
1,391 SF
Building Class
B
Year Built
1910
Price
$519,633
Price Per SF
$373.57
Cap Rate
8%
NOI
$41,571
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.35
Lot Size
0.09 AC
Frontage
50’ on Church Street
AMENITIES
- Signage
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NEARBY MAJOR RETAILERS
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MATTERPORT 3D EXTERIOR
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4 Church St
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