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53-53A Mere St 2,669 SF 100% Leased Retail Building Diss IP22 4AG $628,598 ($235.52/SF)
Investment Highlights
- Prime pedestrianised high street position in the heart of Diss town centre
- Grade II Listed building forming part of a prominent retail parade
- Freehold investment comprising two retail units and a self-contained flat
Executive Summary
Freehold high street investment in the heart of Diss town centre, prominently positioned on pedestrianised Mere Street close to national and independent retailers. The Grade II Listed property comprises two well-configured ground floor retail units plus a self-contained two-bedroom flat above, with the added benefit of a large rear car park and loading area. Fully income producing with a diversified tenant mix, secure lease profile and reversionary potential, the asset offers an attractive town centre investment with a guide price of £475,000 and no VAT.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
2,669 SF
Building Class
B
Year Built
1978
Price
$628,598
Price Per SF
$235.52
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.28
Lot Size
0.22 AC
Parking
16 Spaces (5.33 Spaces per 1,000 SF Leased)
Frontage
69’ on Mere Street
Amenities
- Storage Space
1 1
Nearby Major Retailers
1 of 7
Videos
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Photos
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53-53A Mere St
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