1,500 sq ft
FOR SALE – FREEHOLD
PART INVESTMENT / PART VACANT POSSESSION
This is a Grade 2 Listed Building offered for sale subject to a lease on the first floor to Blue Cross, Registered Charity Number: 224392. The ground floor is vacant and can be used for office or retail purposes or potentially converted to residential, subject to planning.
£445,000. We are advised that no election has been made to charge VAT on the sale.
This represents a net initial yield of 7.5% after allowing for purchaser’s costs and stamp duty at 2.4%.