Investment Consideration:
Vacant possession
ERV: £27,000 p.a. GIY ~ 9.82%
VAT is NOT applicable to this property
Comprises vacant ground floor shop with ancillary at basement
Situated on the north side of the pedestrianised St James' Street, between Corn Market and Victoria Street, in the heart of the City Centre.
Property Description:
Comprises mid-terrace vacant ground floor shop with ancillary accommodation at basement, providing the following accommodation and dimensions:
Ground Floor: 49.33 sq m (532 sq ft)
Open plan retail, storage
Basement: 38.74 sq m (417 sq ft)
Ancillary
Total area size: 88.07 sq m (948 sq ft)
Tenancy:
The property is at present vacant. Expected rental income (ERV) is £27,000 p.a.
Location:
The property is prominently situated on the north side of the pedestrianised St James' Street, between Corn Market and Victoria Street, in the heart of the City Centre. The property is located close to other Estate Agents and office providers and within close proximity to Derbion Shopping Centre, which has retailers including Marks & Spencer, Zara, Mango, Flannels, River Island, H&M, Zizzi, Wagamama, Five Guys, Nando's and Showcase Cinema.
