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Agent's details

The Property comprises a manageable single storey mixed use investment premises currently let to a hairdressers and office.

For sale: £65,000.00|893.4 Sq Ft|Retail

Property details

FOR SALE£65,000.00
SIZE893.4 Sq Ft
ADDRESS64 HIGH STREET MARTIN LINCOLN LN4 3QT
TYPERetail
TENUREFreehold, For Sale Freehold, For Sale Freehold
POSTED ON21st December 2020

Description

The Property comprises a manageable single storey mixed use investment premises currently let to a hairdressers and office.
The current annual rent is 5100 PA across two tenancies with one due to expire in January 2021 and the other August 2022.
A purchase at the asking price would reflect a Net Initial Yield of c7.6%.
The Property is located in the heart of Martin with frontage directly on to the High Street (B1191).
Martin is a small village some 5 miles (8 km) west from Woodhall Spa and 3 miles (5 km) east from Metheringham.
Martin benefits from local amities such as a Primary School a church a public house and a small village shop.
The village of Timberland is just to the south.

Location

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Location: 64 HIGH STREET MARTIN LINCOLN LN4 3QT

Metheringham (2.9 miles)

Ruskington (6.3 miles)

Sleaford (9.6 miles)

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