£ 800,000 OIRO Freehold
7,708 sq ft
Overview
Mixed use income producing investment opportunity in sought after location of Crewe.
Consisting of 7 recently refurbished apartments and 2 shops.
Seeking offers in the region of £800,000 subject to contract and exclusive of VAT. A purchase at this level reflects a net initial yield of 9.3% (assuming purchasers costs of 1.8%) reflecting a capital value of £103.78 per sq. ft
Features
- Two Storey premises
- Consisting of 7 recently refurbished apartments and 2 shops
- Passing rent of £63,560 ERV of £78,500
- Income producing
- Retail units have good unexpired lease terms
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