Investment for sale

76, Castle Street, Farnham, Surrey, GU9 7LP

Contact Agent

Call Agent 07570 850999

Marketed by

Graham & Sibbald London

63 Jermyn St, St. James's, London SW1Y 6LX

Properties for sale Properties to let

New

76, Castle Street, Farnham, Surrey, GU9 7LP

1 of 9

Offers Over

£885,000

76, Castle Street, Farnham, Surrey, GU9 7LP

2533 sq. ft (235.32 m²)

Contact Agent Call Agent 07570 850999

Key features

Prime multi-let commercial investment in Farnham.
Total passing rent of £70,700 per annum.
Freehold interest.
Fully let to three commercial tenants, providing a diversified income profile.
Estimated Rental Value of approximately £80,000 per annum, reflecting potential rental growth of 13%.
Reflects a Net Initial Yield of 7.5% (assuming purchaser's costs of 6.8%).
The estimated rental value reflects a reversionary yield of 8.5%

Description

The property comprises a Grade II* listed building arranged over basement, ground, first and second floors, with frontage to Castle Street. The accommodation is divided into three separately occupied units. The ground floor comprises two retail units, known as 76 Castle Street and 76A Castle Street, while the basement and upper floors are occupied as a dental practice.
The building is of traditional brick construction beneath a pitched tiled roof and forms part of an attractive terrace of historic properties. Both ground floor units benefit from glazed shopfronts with period style features. A separate entrance provides access to the dental accommodation on the basement and upper floors.

Reference: 140233_sales

All commercial properties for sale in Farnham

Marketed by

Graham & Sibbald London

63 Jermyn St, St. James's, London SW1Y 6LX

Properties for sale Properties to let