743 sq. ft (69.03 m²)
Key features
- Let to a national covenant with an attached property suitable for residential conversion (subject to statutory consents)
- Grade II listed
Description
The property comprises of a part two storey and part single storey property which is currently trading as a betting office for William Hill.
To the rear of the property there is a two storey property, which is sold with vacant possession, which is in need of a comprehensive scheme of refurbishment works.
The property benefits from vehicular access from Horsefair and would lend itself to a variety of uses subject to the receipt of the relevant statutory consents.
The property is understood to be Grade II listed.All measurements are approximate.
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Price: �2,100,000 reflecting a gross yield of 7.39% and expected gross yield of 8% when fully let. Current income of �155,200 per annum, potential income of �167,950 per annum when fully let. Freehold retail, office and leisure investment within an historic medieval county town. Good tenant mix with national, regional and local occupiers. Let to long established traders. Approx Area 2,225 Sq M (23,948 Sq Ft)
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