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9-17 North Gate, Sleaford 1 Offices Properties Offered at £800,000 in Sleaford


Investment Highlights
- Freehold Investment Opportunity
- Potential to let 2 more untis
- Current rental income at £65,000 per annum
Executive Summary
The property comprises a substantial block laid out to provide 2 commercial ground floor retail units, a small suite of offices on the upper floors above and 5 residential units above and to the rear, which are a mix of houses, maisonettes and flats, served off a large and attractive outside space. There is also some additional accommodation within the range of buildings to the rear, which would convert into 2 further residential units with an attractive outlook over the rear yard. Access into this rear yard is taken from a passageway from Northgate, under the upper floors of 9 Northgate. The period buildings are constructed from a mix of stone and brick, under slate or clay pantile roofs. The ground floor units both have double fronted timber and glazed shop fronts directly abutting Northgate. They are let to long established occupiers, one of which is a hairdressers and, the other, a bridal shop.
EPC rating - C.
17 Northgate, Sleaford
Description: Shop and Premises
Rateable value: £9,100
9 Northgate, Sleaford
Description: Shop and Premises
Rateable value: £7,600
Upper Floors, 17 Northgate, Sleaford
Description: Office and Premises
Rateable value: £3,050, £1,100, £1,000 & £2,500
The residential units all fall within Council Tax Band A
EPC rating - C.
17 Northgate, Sleaford
Description: Shop and Premises
Rateable value: £9,100
9 Northgate, Sleaford
Description: Shop and Premises
Rateable value: £7,600
Upper Floors, 17 Northgate, Sleaford
Description: Office and Premises
Rateable value: £3,050, £1,100, £1,000 & £2,500
The residential units all fall within Council Tax Band A
Property Facts
| Price | £800,000 | Status | Active |
| Price psf | £218.82 / sq ft | Number of Properties | 2 |
| Yield | 10% | Individually For Sale | 0 |
| Sale Type | Investment | Total Property Size | 3,656 sq ft |
| Price | £800,000 |
| Price psf | £218.82 / sq ft |
| Yield | 10% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Property Size | 3,656 sq ft |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 17 Northgate, Sleaford NG34 7BH | Office | 3,656 sq ft | 1910 | - |
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9-17 North Gate, Sleaford
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