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215-217 Newgate Street,

Description

Excellent opportunity to purchase a freehold mixed use investment currently achieving over 10% yield, with a potential for possible revision.  The property comprises of four storey building arranged over ground, first and upper floors with garages to the lower ground rear.  The building is of traditional brick construction comprising of ;- 215 - A Barber Shop @£5000 PA (beg  June 2020) , 215A - 3-4 Bedroom Maisonette @ £5,400 PA (Beg AST May 2017), 217 - Second Hand Appliance Shop @ £4,800 PA (March 2021), 217A - Warhammer Games Shop @ £3,500 PA (Jan 2020), 217B - To the rear Garage/Workshop @ £3,600 PA (beg April 2019 three year agreement) , Second Garage £1,300 PA  (lease beg 2015).    Total floor area for retail outlets 399 square metres, maisonette living space 168 square metres, plus garages. 



Property Location

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Feel free to call us for more details on 07886962647. 

Ref - Cindy