Offers over
£885,000
(£349.39/sq. ft)
Property for sale76, Castle Street, Farnham, Surrey GU9
2,533 sq. ft
About this property
Prime multi-let commercial investment in Farnham.
Total passing rent of £70,700 per annum.
Freehold interest.
Fully let to three commercial tenants, providing a diversified income profile.
Estimated Rental Value of approximately £80,000 per annum, reflecting potential rental growth of 13%.
Reflects a Net Initial Yield of 7.5% (assuming purchaser's costs of 6.8%).
The estimated rental value reflects a reversionary yield of 8.5%
The building is of traditional brick construction beneath a pitched tiled roof and forms part of an attractive terrace of historic properties. Both ground floor units benefit from glazed shopfronts with period style features. A separate entrance provides access to the dental accommodation on the basement and upper floors.
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£4,427 per month
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