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68-70 High St 1,686 SF Retail Building Stalham NR12 9AS $367,662 ($218.07/SF) 8.91% Cap Rate
Investment Highlights
- Prominent high street position
- Good road connections
- Vibrant resident and tourist area
Executive Summary
Offers are invited in excess of £275,000, which represents a gross yield of 8.9%
The property is to be sold by way of a 999-year lease with a peppercorn ground rent.
The property is let to Boots UK Ltd for £24,500 per annum on a 5-year lease from 29 September 2025.
The property is to be sold by way of a 999-year lease with a peppercorn ground rent.
The property is let to Boots UK Ltd for £24,500 per annum on a 5-year lease from 29 September 2025.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Long Leasehold
Property Subtype
Storefront Retail/Residential
Building Size
1,686 SF
Building Class
B
Year Built
1965
Price
$367,662
Price Per SF
$218.07
Cap Rate
8.91%
NOI
$32,755
Tenancy
Single
Building Height
3 Stories
Frontage
54’ on High Street
Amenities
- Energy Performance Rating - D
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68-70 High St
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