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).
Featured professionals
Featured professionals
Contact us via [email protected]
