Mixed Commercial and Residential Investment Showing Yield of 9.5%

Submitted on Thu, 14/10/2021 - 16:20

Following up on the back of a recent commercial investment in Barnstaple High Street occupied by British Heart Foundation specialist commercial and business agents are pleased to offer a new investment property to the market.  Providing a yield of 9.5% the mixed commercial and residential investment comprises of 3 double fronted shop units, all on 10 year leases, as well as 5 residential flats.  The well maintained property offers a clean and tidy investment, both commercially and residentially, for a new Landlord to takeover and make the most of their capital.  All of the flats were refurbished in 2018.  The three storey premises occupies a prominent site in Barnstaple Town Centre opposite the Towns High Street whilst also being close to car parking and The Square.  JD Commercial are quoting £649,950 with the entire premises which are being sold with the benefit of all of the existing tenancies.  For more information please contact specialist Commercial and Business agents JD Commercial on 01237 424053 or via www.jd-commercial.co.uk.