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49 High St 1,528 SF Retail Building Dingwall IV15 9HL $148,814 ($97.39/SF) 10.91% Cap Rate
Investment Highlights
- Retail investment prominently positioned on Dingwall High Street.
- Attractive net initial yield of 10.72% at the asking price.
- Let to Tarradale Home Improvements Ltd producing £12,000 per annum.
Executive Summary
For sale as an investment opportunity. The property is fully let to Tarradale Home Improvements Ltd until 1 June 2028 at a passing rent of £12,000 per annum. The heritable interest is available at an asking price of £110,000, reflecting a quoted net initial yield of 10.72%, with no VAT payable on the purchase
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
1,528 SF
Building Class
C
Year Built
1900
Price
$148,814
Price Per SF
$97.39
Cap Rate
10.91%
NOI
$16,234
Tenancy
Single
Building Height
3 Stories
Building FAR
0.88
Lot Size
0.04 AC
Frontage
18’ on High Street
Amenities
- 24 Hour Access
- Storage Space
1 1
Nearby Major Retailers
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49 High St
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