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Freehold Retail Parade
Address
See address
Auction date
13 May 2025
Guide price
£450,000
Type
Commercial
Tenure
Freehold
EPC Rating
Unknown
Status
Ended
Description
This property is a freehold retail parade consisting of 8 units, with one unit currently vacant. It offers strong asset management potential to let the vacant shop. The total area is approximately 1,020 sq m (10,983 sq ft) with an anticipated rental income of £59,875 per annum, yielding 13.31% based on the guide price. The parade has a long weighted average unexpired lease term (WAULT) of about 7.91 years.
Last update: 11 May 2025
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