£145,000
(£328.80/sq. ft)
Retail premises for saleThe Broadway, St. Ives, Cambridgeshire PE27
441 sq. ft
About this property
Retail investment opportunity
Prime town centre location
Price reflects a net initial yield of 8.13%
The shop benefits from a double fronted open plan retail area, fitted with spotlights. The internal accommodation provides a sales area to the front with a kitchen and WC to the rear. The shop was provided with a shell finish. The property is understood to be Grade II listed.
The property is let to a local covenant for use as a bakery. The lease was for 5 years from 20 June 2024 upon effective Fri terms.
The lease is to include a tenant break option at the end of the third year. Tenant is paying £12,000 pa.
The property is let to a local covenant for use as a bakery. The lease was for 5 years from 20 June 2024 upon effective Fri terms.
The lease is to include a tenant break option at the end of the third year. Tenant is paying £12,000 pa.
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Monthly repayment
£725 per month
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