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INVESTMENT HIGHLIGHTS
- Town connects with the South-West England motorway, the M5
- Potential to use residential area as letting accommodation and increase revenue
- The property is located on the high street within walking distance to the sea front
EXECUTIVE SUMMARY
Comprises public house/restaurant with function room and staff/letting accommodation.
Vacant possession with purchase price of £300,000.
Vacant possession with purchase price of £300,000.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Bar
Building Size
4,144 SF
Year Built
1900
Price
$403,986
Price Per SF
$97.49
Cap Rate
7.80%
NOI
$31,511
Tenancy
Single
Building Height
5 Stories
Building FAR
1.00
Lot Size
0.10 AC
Frontage
29’ on High Street
AMENITIES
- Restaurant
- Storage Space
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NEARBY MAJOR RETAILERS
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59 High St
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