*INVESTORS ONLY*THREE FLATS / ONE SHOP / BILLBOARD*** Occupying a prime commercial and residential position on the outskirts of the Salisbury city centre is The Park House. The property offers a fantastic opportunity for investors to buy a multi-use lot with established incomes and long leases there to benefit any prospective buyer. The commercial element of the property is currently a pet grooming salon, with the property also coming with three flats which are currently rented out. There is also a billboard which adds an extra revenue stream.
The breakdown of the leases and incomes are as follows:
SHOP: HOP: 57 Estcourt Road - Current tenancy ceases on 10/07/2025 but new lease will be set up at £9000 per annum.
FLAT 1: Current rent of £7,140 per annum - 999 years from November 2007.
FLAT 2: Current rent of £8,340 per annum - 999 years from November 2007
FLAT 3: Current rent of £10,500 per annum - 999 years from November 2007
Billboard: Current income of £1,400 per annum - new 5 year lease.
All three flats will be sold with tenant in situ.
The current TOTAL annual income is £35,880.
The buyer will be buying the FREEHOLD interest.
Agent Details
Carter & May, Salisbury
01722 548831
Next Steps?
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