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Property Size
1,772 ft2
Price
£510,000

Description

Freehold retail and residential ground rent investment in affluent and expanding market town. The property enjoys a prime town centre location and comprises shop let to established charity St Elizabeth's, plus residential flat on the upper floors let long leasehold. The total net income from the property is £40,250 pa, with the shop being subject to stepped annual increases. The freehold of the property is available at a price of £510,000, reflecting an attractive net yield of 8.16% based on the average income for the remainder of the shop lease.

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Ben Green

MSc MRICS (Director)

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