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The Depot 49 Fairfield Rd 3,483 SF 100% Leased Retail Building Braintree CM7 3AG $635,749 ($182.53/SF) 6.90% Cap Rate
INVESTMENT HIGHLIGHTS
- Prime position on Fairfield Road, offering excellent access to Braintree town centre and strong local amenities
- Well-connected via the A120, with Stansted Airport and wider Essex easily accessible
- Located in a vibrant retail area with established occupiers and high levels of passing trade
EXECUTIVE SUMMARY
This fully let retail investment offers an attractive opportunity for purchasers seeking secure income with future upside. The property comprises three ground floor retail units, all let to established sole traders on long leaseholds with 981 years remaining. The investment is currently under-rented, providing excellent potential to increase rental income at review or upon lease renewal. Located in a prominent position close to Braintree town centre and surrounded by established amenities, the property benefits from strong tenant demand and long-term asset management potential. With VAT not applicable and a blended yield of 6.9%, this is a rare opportunity to acquire a well-located, income-producing asset with significant reversionary potential.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Long Leasehold
Property Subtype
Building Size
3,483 SF
Building Class
B
Year Built
2011
Price
$635,749
Price Per SF
$182.53
Cap Rate
6.90%
NOI
$43,867
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Frontage
40’ on Fairfield Road
AMENITIES
- Energy Performance Rating - C
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NEARBY MAJOR RETAILERS
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The Depot | 49 Fairfield Rd
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