18 London St
Basingstoke RG21 7NT
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Mixed use opportunity
- Double window frontage
EXECUTIVE SUMMARY
The freehold is available for sale with offers in the region of £700,000.
A mixed use property with a ground floor commercial unit and residential units on all three floors. Currently the commercial unit is Mixlet at £14,000 pa to a beauty salon.
Ground floor – two bedrooms with two shower rooms let on a company let at £13,140 pa.
First floor – one bedroom apartment let on an AST at £9,600 pa
First floor – one bedroom apartment let on a company let at £10,200 pa
A mixed use property with a ground floor commercial unit and residential units on all three floors. Currently the commercial unit is Mixlet at £14,000 pa to a beauty salon.
Ground floor – two bedrooms with two shower rooms let on a company let at £13,140 pa.
First floor – one bedroom apartment let on an AST at £9,600 pa
First floor – one bedroom apartment let on a company let at £10,200 pa
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
1,872 SF
Building Class
B
Year Built
1900
Price
£700,000
Price Per SF
£373.93
Net Initial Yield
2%
NOI
£14,000
Percent Leased
100%
Number of Floors
2
Frontage
20 ft on London Road
AMENITIES
- Restaurant
- Security System
- Storage Space
