TENUREFreehold, Under Offer, For Sale Freehold, For Sale Freehold
POSTED ON15th January 2024
Description
In Brief: Mixed use investment opportunity. Fully let Freehold commercial and residential building currently generating an income of £40,260 per year situated in the heart of old Baldock town, quite literally within strolling distance of the wide Georgian High Street, coffee shops, pubs, restaurants, and the train station. The location providing a good level of passing trade and attractive to residential tenants looking to live within the town centre.
Commercial Element: The commercial element on the ground floor is let out on a commercial lease we believe to be for a 9 year term from 21 April 2018.
Residential Element: On the ground floor is a 2-bedroom apartment with an outside space to the rear. Above are two spacious duplex apartments. The value of the properties reflecting today’s current market in the opinion of the agent would be approximately £880,000.