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76 High St 8,783 SF Retail Building Barnstaple EX31 1HX $1,158,433 ($131.89/SF) 7.65% Cap Rate
Investment Highlights
- High Volumes of Passing Footfall
- Held on F.R.I Lease To TG Jones
- Full building
Executive Summary
The property is held on an F.R.I lease to TG Jones expiring 30th March 2030 at a passing rent of £65,000p.a.x.
The property comprises a 2 storey commercial development with substantial aluminium framed and glazed frontage. Internally Internally the property is presented in standard TG Jones corporate specification (aligned with WH Smith) with a mixture of carpeted and timber flooring with lighting provided by L.E.Ds recessed with the
suspended acoustic tile ceiling. The property has been partitioned to the rear forming stores and loading space. The upper floor provides further retailing space with staff room, officer and w.c. facilities.
The property comprises a 2 storey commercial development with substantial aluminium framed and glazed frontage. Internally Internally the property is presented in standard TG Jones corporate specification (aligned with WH Smith) with a mixture of carpeted and timber flooring with lighting provided by L.E.Ds recessed with the
suspended acoustic tile ceiling. The property has been partitioned to the rear forming stores and loading space. The upper floor provides further retailing space with staff room, officer and w.c. facilities.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Building Size
8,783 SF
Building Class
C
Year Built
1900
Price
$1,158,433
Price Per SF
$131.89
Cap Rate
7.65%
NOI
$88,586
Tenancy
Single
Building Height
2 Stories
Building FAR
1.01
Lot Size
0.20 AC
1 1
Nearby Major Retailers
1 of 2
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76 High St
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