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Agent's details

Unit 1 & 3/3a Elmwood Parade, Elmwood Way, Winklebury

For sale: £150,000.00|931 - 1,865 Sq Ft|Other, General Retail, Other Property Types & Opportunities, Retail

Property details

FOR SALE£150,000.00
SIZE931 - 1,865 Sq Ft
ADDRESSUnit 1 & 3/3a Elmwood Parade, Elmwood Way, Winklebury, Basingstoke, RG23 8LL
TYPEOther, General Retail, Other Property Types & Opportunities, Retail
TENUREFor Sale Freehold
POSTED ON18th August 2021

Description

Key Points

  • Two shop units within a popular neighbourhood retail parade with residential accommodation above which have been sold on long leases
  • Seeking a price of £150,000 per unit subject to contract which reflects a NIY of 7.85% for Unit 1 and 7.50% for Unit 3/3a after allowing for 1.80% purchasers costs.
  • We understand the buildings are not elected for VAT
  • Current passing rent of £12,000 pa for Unit 1 and £11,500 pa for Unit 3/3a.
  • Summary

    Retail investments for sale

    Description

    Retail investments for sale

    Location

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    Location: Unit 1 & 3/3a Elmwood Parade, Elmwood Way, Winklebury, Basingstoke, RG23 8LL

    Basingstoke (1.5 miles)

    Bramley (Hants) (4.8 miles)

    Overton (6.1 miles)

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