43-45 Newland St - Storefront FOR SALE


Witham, ESS CM8 2BD
$595,000 USD
43-45 Newland St, Witham, ESS for Sale
$595,000 USD
Storefront - FOR SALE
1/1
null | 8.65% Cap Rate

43-45 Newland St
Witham, ESS CM8 2BD


HIGHLIGHTS

  • Currently partly let
  • Two parking spaces
  • Prominent position

OVERVIEW

The subject property lies directly opposite the Newland Shopping Centre and close to the junction with Collingwood Road. The property comprises a two storey building beneath a pitched, tiled roof with dormer windows to part and a flat roof. Asking Price - £650,000 (Six Hundred and Fifty Thousand pounds) reflecting a Net Initial Yield of 8.65% assuming the vacant shop is let at £25,000 per annum exclusive and allowing for purchasers costs.

FOR SALE DETAILS

PRICE

$595,000 USD

PRICE/SF

$89 USD /SF

CAP RATE

8.65%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1955

SPRINKLERS

-

PARKING SPACES

2

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

EX547805,EX887053

ASK ABOUT THIS PROPERTY

Ewan DoddsWhybrow & Dodds LtdMore Info

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Ewan DoddsWhybrow & Dodds LtdMore Info

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