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123 Exeter St

2,724 SF 100% Leased Retail Building Salisbury SP1 2SG £850,000 (£312/SF) 7.53% Net Initial Yield

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Investment Highlights

Rental income of £64,000 per annum
Commercial lease subject to five yearly upward only market rent reviews

Mixed use commercial & residential investment

Executive Summary

A commercial investment property for sale, the property has scope for future extension or redevelopment, subject to the necessary consents. The property is subject to a commercial lease in favour of Medivet Group Ltd, a veterinary practice occupying the ground floor and part of the first floor of the property. There are also separate Assured Shorthold Tenancies in place for the residential accommodation at first and second floor levels. The current rental income generated by the property is £64,000 per annum.

Brochure