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Property Details

Church Street, Romsey, Hampshire, SO51

Investment - Mixed Residential/Commercial)

712 sq ft (66.14 sq m)

For Sale £465,000 for the Freehold

Description

The property is a three storey listed building. The 712 sq ft shop has frontage to Church Street and is visible from Market Place. The shop provides a combination of sales and storage areas with staff facilities to the rear of the property.

There are two 2 bedroom flats, one of which is let on an assured shorthold tenancy at an annual rent of £10,800 per annum. The other flat is sold off on a long lease. The owner pays a ground rent of £50 per annum.

Please see tenancy schedule overleaf.

  • Town Centre Location
  • Net Initial Yield of 6.72% excluding purchasers costs.
  • Character Features
  • Listed Building

Agent Details

Lauren Udall
lu@keygrove.com
023 8083 5964