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63 High St 5,771 SF Retail Building Nairn IV12 4BW $377,976 ($65.50/SF) 11.22% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Large glazed double frontage
  • Let to the Factory shop
  • Prime high street location

EXECUTIVE SUMMARY

The investment opportunity is available “For Sale” with Offers over £282,000, exclusive of VAT invited in respect of our client’s heritable interest in the property with the benefit of the existing lease to The Factory Shop Ltd.

PROPERTY FACTS Sale Pending

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
5,771 SF
Building Class
B
Year Built
1960
Price
$377,976
Price Per SF
$65.50
Cap Rate
11.22%
NOI
$42,409
Tenancy
Single
Building Height
1 Story
Building FAR
0.95
Lot Size
0.14 AC
Frontage
49’ on High Street

AMENITIES

  • Storage Space

NEARBY MAJOR RETAILERS

Bank Of Scotland
Co-op
  • Listing ID: 34623841

  • Date on Market: 1/28/2025

  • Last Updated:

  • Address: 63 High St, Nairn IV12 4BW

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