TENUREFreehold, For Sale Freehold, For Sale Freehold
POSTED ON21st December 2020
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.
64 HIGH STREET MARTIN LINCOLN LN4 3QTGBLincolnshireLN4 3QT64, High Street