About this property
Tudor House comprises a 4 storey, mock Tudor building with a terrace of 4 ground floor retail units and 3 floors of residential accommodation above. The residential parts have been sold off on a long lease.
- Multi let retail investment opportunity.
- Fully let producing £63,000 per annum. (£80,000 once fully let).
- Tenants include Ladbrokes.
- Nearby occupiers include Primark, Debenhams, Santander Bank and William Hill.
- Adjacent to major town centre redevelopment at the Old Square Shopping Centre.
- Guide price—£850,000, reflecting a net initial yield of 8.97% after costs of 5.56%