723 sq. ft (67.17 m²)
Key features
- Two Retail Shop Units
- £395,000 for the Freehold
- Attractive Net Initial Yield 8%
- Total Current Annual Income £33,000, increasing to £34,000
- Residential Uppers Sold Off On Long Leasehold
- Ideal Trading Position
- Affluent Market Town
- Option to Purchase the Whole to Include the Uppers
Description
The location offers a comprehensive selection of commercial premises including retail shops, restaurants, cafés and beauty salons. Major national retailers nearby include Boots, Waterstones and TSB.
The asset is well positioned just off the prime position of Market Place and well located for nearby car parks, Romsey Abbey, excellent public transport links and benefits from good footfall along the main retail area.
The property comprises a centre terraced building of traditional brick construction beneath a pitched slate tiled main roof. It provides two well configured lock up shops at ground level, with extensive glass frontage and rear access.
The uppers are a self-contained two level residential flat which is sold off separately.
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