From
£1,250,000
(£231.01/sq. ft)
Office for saleHigh Street 127, Richmond House, Newmarket, Suffolk CB8
5,411 sq. ft
About this property
Prominent High Street location
Excellent location close to shops, restaurants and other amenities
Excellent location close to shops, banks and other amenities
4 commercial units with 5 flats above.
Current income: £79,450
Erv: £85,650
Guide Price: £1,250,000
Reflects a net yield at the erv of 6.43% (assuming purchasers costs at 6.5%)
Richmond House is an attractive four storey building, which is split into commercial and residential space with office suites at ground and lower ground floor level and residential apartments at ground floor and on the floors above.
This investment currently generates a gross income of £79,450 per annum. The estimated rental value is £85,650.
For further information please contact Edward Dodson or Freddie Wootton on
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£6,253 per month
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