Sold

129/133 Stoke Road, Gosport, Hampshire

South East

dba030

High Street Retail/Shopping Centre£3,550,000

Tenure: Freehold
Tenancy: Multi Let

Investment summary

•Net initial yield of 6.7%.

•83% of income from undoubted covenants/household names.

•Large site of 0.585 hectares (1.453 acres).

•Potential reversionary yield of 10.1% with immediate opportunities to increase the income.

•Capital value equating to only £785.3 per sq m (£73.0 per sq ft) overall.