Withdrawn
Withdrawn Prior
Sold
Sold Prior
Sold Post
The property comprises a high yielding mixed-use investment opportunity occupying a high footfall pitch in an affluent South Coast town.
Arranged as a ground floor retail unit with residential upper parts, the property is fully let and producing a total aggregate income of £40,000 per annum.
The ground floor is let to a pub on a new 10 year lease at £28,000 per annum. The lease includes annual RPI linked rent reviews.
The upper parts are let to a private individual on an Assured Shorthold Tenancy (AST) expiring 01.09.2025 and paying £12,000 per annum (£1,000 pcm).
The property occupies a prominent corner pitch with a frontage to Goring Road, an arterial route and the principal local retail amenity for the surrounding residential area. Nearby retailers include Hays Travel, Dominos and KFC.
Tenure
Freehold
Rent