TWO LOTS FOR SALE BY AUCTION – Historic mixed occupancy Freehold investment in this historic Island town, plus leasehold sale of car park.
Price Guides - £550,000 Freehold (Rectory Mansion) and £50,000 Leasehold (Car Park) + Fees
Location – Brading
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. Please contact the agents for full details of the property, the car park and the terms of the sale, or visit www.cliveemson.co.uk to register your interest for the auction.