£300,000

Princes Street, Yeovil BA20

£300,000

1 Bedroom Apartment For Sale

Princes Street, Yeovil BA20


Key features

  • Annual Income £18,340
  • Rental Yield 6.1%
  • Commercial and Residential Unit
  • Prime Town Location
  • Modern Apartment
  • New Lease Signed for Commercial Unit
  • Full maintenance and occupancy records available.

MIXED COMMERCIAL / RESIDENTIAL INVESTMENT OPPORTUNITY.
This town-centre location property has a commercial unit on the ground floor with a residential unit on the first floor.
The ground floor is occupied with Acorn Recruitment agency having just signed a new 5-year lease for the ground floor.
The first floor is rented via Assured Shorthold Tenancy agreement to a professional tenant.
Total annual income is £18,340 giving a gross yield on asking price of 6.1%. 

COMMERCIAL UNIT The ground floor commercial unit is approximately 64m2 and consists of a front public-facing office with rear utility area consisting of kitchenette, toilet and storeroom.
Currently occupied by Acorn Recruitment Agency on a recently signed 5-year extension of their previous lease.
A prime town-centre location, the unit has been rented consistently with little void periods.
 

FIRST FLOOR APARTMENT The residential apartment was refurbished throughout by the current owner in 2012. Consisting of a large open-plan sitting/dining/kitchen area with panoramic windows looking up Princes Street, the flat has a modern feel throughout.
There is a separate double bedroom with good-sized en suite shower room.
All windows have internal secondary glazing installed.
The first floor accommodation is reached via a separate entrance leading into a small ground floor vestibule with bin storage and stairs rising up to the first floor.
The apartment also benefits from a roof terrace accessed via a spiral staircase to the side of the kitchen.
The apartment currently lets at £570pcm and has always been popular with few void periods due to the close vicinity to Yeovil District Hospital and Yeovil town centre. 

Book a viewing

Contact Martin & Co Yeovil

  • 18 Princes Street
  • Yeovil
  • BA20 1EW

Call 01935 420555

yeovil@martinco.com

Contact us now