Freehold Investment Opportunity FOR SALE – Bridgwater
- Price: £265,000
- Opportunity: Freehold Investment with the benefit of the 2 No. Residential Tenants and 1 No. Retail Tenant (9 year Lease remaining)
- Tenure: Freehold – Private Treaty Sale
Description:
This Freehold property comprises a ground floor retail unit, currently trading as The Laundry Room and operating as a launderette, together with 2 No.
self-contained residential flats arranged over the first and second floors. The flats are accessed independently via a separate entrance at the front of the building.
All areas are currently let, offering an attractive and fully income generating investment opportunity.
The property also benefits from an enclosed rear garden, accessible from both the shop and the first floor.
Accommodation:
The property provides the following accommodation:
65 St John Street – 649 ft²
Flat 1, 65A St John Street – 443 ft²
Flat 2, 65A St John Street – 434 ft²
Tenure & Terms:
The property is being sold Freehold under Land Registry Title ST90727, with the benefit of the 2 No. Residential Tenants and 1 No. Retail Tenant in situ with a current rental income of £23,820 per annum, reflective of a gross initial yield of 8.99%.
