Share

Currently let to Seaco Screenprint & Signs Ltd (t/a Signquick) for a term of 3 years expiring Sep 2021 at rent of £9,996 per annum. The workshop is currently sub-let to a private individual.
The residential accommodation is now on a periodic tenancy paying £775 per calendar month (£9,300 per annum)
Total current rent is £19,296 per annum reflecting a Net Initial Yield of 7.52% at a purchase price of £250,000
Investment to Buy Investment - Retail High StreetInvestment - ResidentialAmenities
Located five minutes from town centre and railway station
Ideal tertiary location
Large two bedroom flat
Allocated parking with shop
Shop tenant in occupation over ten years
Refurbishment and break up opportunity
Opportunities to improve rents at lease renewal
Freehold
Current rent: £19,296 per annum
Offers in excess of £250,000