SALISBURY
3 Endless Street, Salisbury SP1 1DL
Well Secured Freehold Retail & Residential Investment
The Salisbury Office
The property has the following key attributes that we would like to draw to your attention:
- Salisbury is a charismatic cathedral city and popular tourist destination
- Mixed use building let to one of Salisbury’s leading flexible office space providers
- Shop well secured on a new 10 year lease
- Three recently developed upper floor flats let on ASTs
Our clients have instructed us to seek offers in excess of £890,000 (Eight Hundred and Ninety Thousand Pounds) subject to contract and exclusive of VAT for the freehold interest in the property. A purchase at this price would show an investor an attractive net initial yield of approximately 10% on the commercial income of £25,200 per annum and assumes a capital value of £645,000 on the three flats assuming standard purchaser’s costs.
