Historic mixed occupancy Freehold investment in this historic Island town, plus leasehold sale of car park.

Brading, Investments/developments/land

UNDER OFFER
Price Guides - £550,000 Freehold (Rectory Mansion) and £50,000 Leasehold (Car Park) + Fees
Location – Brading
Space:
EPC – Part-Exempt / Certificates Available for Relevant Parts
RECTORY MANSION: An historic mixed occupancy Freehold investment for sale, including some residential and possible further residential conversion, and home to a wide variety of businesses (not affected by the sale of the investment). CAR PARK: Also for sale, providing the previous lot reaches its reserve, is the leasehold interest in the large car park just to the north (with Landlord's consent), currently income-producing but with clear potential for further investment and income opportunities. The current investment income across both lots indicates a gross yield of some 10.24%. This is a most unusual opportunity, and early interest is encouraged.