Commercial investment property for sale in St. Neots

This property is marketed by:
Whozoo

Freehold commercial investment with development potential for sale. An opportunity to purchase a commercial investment property in Cambridgeshire at a 8.76% Net Yield.

The property is comprised of 17 individual commercial units which are currently fully let, and a car park. The site is located at Great North Road, Little Paxton, St. Neots, PE19 6EN and measures approximately 1 acre in size.

The property is fully tenanted generating a gross income of £86,016+VAT Per Annum and the tenants are responsible for Business Rates and Electric. The landlord is responsible for water which is approximately £130 per quarter and therefore the net income after bills (rates, gas, water, electricity) is £85,496 per annum.

Subject to separate negotiation neighbouring properties may also be available for purchase.

Tenure: Freehold

Location

The property is located in the charming village of Little Paxton in the county of Cambridgeshire. Little Paxton is known for its beautiful surroundings and offers a range of amenities , reputable schools and recreational facilities. The village is conveniently located near motorway connections, which provides easy access to various destinations such as London, Peterborough and Leeds via the A1(M).