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June 2017

Costa & British Heart Foundation, 14-16 St John Street, Ashbourne, Derbyshire, DE6 1GH

Untitled

exchanged

The property is located in the attractive affluent market town of Ashbourne in the Derbyshire Dales.  The property is prominently situated in the prime retail pitch of St John Street.  The property comprises two ground floor retail units let to Costa Ltd and British Heart Foundation Ltd, with a WAULT of 4.9 years, and four residential apartments on the upper floors which are let on ASTs.  The total income is £69,190 per annum.  Offers are sought for the freehold interest in excess of £935,000 which reflects a net initial yield of 7.01%, after purchaser’s costs of 5.57%.

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