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31 Bull St 1,151 SF Retail Condo Unit Offered at $483,676 CAD in Holt NR25 6HP
Investment Highlights
- Town centre location
- Primary retail destination with a strong collection of both local and national retailers
- Close to a car park and facilities
Executive Summary
Holt is a busy market town situated in the centre of north Norfolk, an area considered by many as one of England's finest. It is home to the famous Gresham's School and is a very popular destination for holidaymakers, second home owners and the retired. The town is one of North Norfolk's 'Principal Settlements' and as such is a primary retail destination with a strong collection of both local and national retailers. Demand for commercial property in Holt has remained strong for over a decade with few vacancies throughout recent economic uncertainties.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | Tenure | Freehold |
| Cap Rate | 7.25% |
| Sale Type | Investment |
| Cap Rate | 7.25% |
| Tenure | Freehold |
Description
31 Bull Street offers a rare opportunity to purchase a prime commercial unit close to the centre Holt just off the High Street. It is located in an easily accessible area on Bull Street. The unit is currently let providing an exciting investment opportunity.
The property offers well proportioned accommodation over two floors which could be suitable for a variety of uses subject to planning. The ground floor is currently utilised as a restaurant and kitchen with the first floor used as accommodation.
The property offers well proportioned accommodation over two floors which could be suitable for a variety of uses subject to planning. The ground floor is currently utilised as a restaurant and kitchen with the first floor used as accommodation.
Sale Notes
Offers are invited for the freehold premises which are currently let under the following terms:
10 year term from 11/02/2020 £18,500 p.a.
10 year term from 11/02/2020 £18,500 p.a.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 31 | 1,151 SF | Retail | $483,676 CAD ($420.22 CAD/SF) | $35,090.25 CAD |
Unit 31
| Unit Size |
| 1,151 SF |
| Condo Use |
| Retail |
| Price |
| $483,676 CAD ($420.22 CAD/SF) |
| NOI |
| $35,090.25 CAD |
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Unit 31
| Unit Size | 1,151 SF |
| Condo Use | Retail |
| Price | $483,676 CAD ($420.22 CAD/SF) |
| NOI | $35,090.25 CAD |
| Sale Type | Investment |
| Cap Rate | 7.25% |
| Tenure | Freehold |
| Description | |
| 31 Bull Street offers a rare opportunity to purchase a prime commercial unit close to the centre Holt just off the High Street. It is located in an easily accessible area on Bull Street. The unit is currently let providing an exciting investment opportunity. <br> <br> The property offers well proportioned accommodation over two floors which could be suitable for a variety of uses subject to planning. The ground floor is currently utilised as a restaurant and kitchen with the first floor used as accommodation.</li></ul> | |
| Sale Notes | |
| Offers are invited for the freehold premises which are currently let under the following terms: <br> <br> 10 year term from 11/02/2020 £18,500 p.a.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 2,000 SF | Floors | 2 |
| Property Type | Retail (Condo) | Typical Floor Size | 1,000 SF |
| Property Subtype | Storefront | Year Built | 1900 |
| Building Class | B | Lot Size | 0.03 AC |
| Total Building Size | 2,000 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront |
| Building Class | B |
| Floors | 2 |
| Typical Floor Size | 1,000 SF |
| Year Built | 1900 |
| Lot Size | 0.03 AC |
Amenities
- Signage
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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31 Bull St
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