FOR SALE- Upon the instructions of the Receivers. Mixed use investment opportunity with a total floor area of approx 19,809 sq ft
The property is a former picture house that has been converted to provide a prominent three storey mixed use property.
We are instructed to seek offers in excess of £3,750,000 for the freehold interest, STC. A purchase at this level reflects the following investment profile NIY of 4.5% and reversionary yield of 8.31%. This is after a 7.27% purchasers costs.
