Commercial and Residential Property Management, Investment and Development Consultancy

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Property: 3 HARBOUR STREET, TARBET


3 HARBOUR STREET, TARBET

SOLD

  • Leased to Tarbert Parish Church on FRI terms expiring 22nd November 2020
  • A rare opportunity to acquire a retail investment in Tarbert
  • The property has an approximate net internal area of 29.20 sq m (314 sq ft)
  • The annual rent of £2,750 equates to £8.75 per square foot overall
  • There is a minimum uplift to £3,000 per annum on 22nd November 2015
  • Offers are invited in excess of £30,000
  • Net Initial Yield of 9.0% after allow for costs at 1.8%
  • Minimum reversionary yield of 9.82% in 2015
  • Low capital value of £92 per sq ft
Please see brochure for further information.


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