3-5 The Parade - Bank FOR SALE


Minehead, SOM TA24 5NL
$625,000 USD
772-595-5437
3-5 The Parade, Minehead, SOM for Sale
$625,000 USD
Bank - FOR SALE
1/5
null | 7% Cap Rate

3-5 The Parade
Minehead, SOM TA24 5NL


HIGHLIGHTS

  • Retail investment with development opportunity

OVERVIEW

Investment The property is available freehold subject to the commercial leases in place at a guide price of £625,000, reflecting a net yield of 7.00% having allowed for purchasers costs at 5.12% The building has planning permission to convert the coach house and vacant areas into three separate residential dwellings.

FOR SALE DETAILS

PRICE

$625,000 USD

PRICE/SF

$332 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,742 SF

ZONING

-

APN/PARCEL ID

ST244945,ST380779

ASK ABOUT THIS PROPERTY

Joseph HughesGreenslade Taylor HuntMore Info
772-595-5437

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Joseph HughesGreenslade Taylor HuntMore Info
772-595-5437

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.