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.