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Retail Investment In Prime Location, Unit 1 & 3/3a Elmwood Parade, Elmwood Way, Winkleb, Basingstoke, RG23 8LL
931 to 1,865 Sq Ft / Retail / Investment
Withdrawn - Last updated: 24 March 2023
Summary
Retail investments for sale
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.
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