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Investment Highlights
- City centre multi let investment, close to McDonalds and Frenchgate Shopping Centre
- Excellent transport links nearby
- Close to all local amenities
Executive Summary
Investment - Mixed use for sale.
Offers in the region of £425,000 - 8% Gross Initial Yield
A multi let city centre investment producing a blended income from one retail unit and 4 apartments. Producing a total income of £33,816 per annum. The retail unit is let until the 13th September 2027. The apartments are let on individual Assured Shorthold Tenancies (AST's). Further detail is available on request.
Offers in the region of £425,000 - 8% Gross Initial Yield
A multi let city centre investment producing a blended income from one retail unit and 4 apartments. Producing a total income of £33,816 per annum. The retail unit is let until the 13th September 2027. The apartments are let on individual Assured Shorthold Tenancies (AST's). Further detail is available on request.
Property Facts
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Property Size
2,353 sq ft
Costar Property Class
B
Year Built
1960
Price
£425,000
Price per sq ft
£180.62
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
1,733 sq ft
Amenities
- Security System
- Storage Space
1 1
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Presented by
42 Duke St
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