Paul Stewart, Managing Director of Goadsby Commercial is delighted to announce that a private investor has just completed the purchase of 26/26a High Street, Shaftesbury, opposite the famous Gold Hill.
The part listed property is fully let to Coffee 1 and well known local jeweller Allum & Sidaway on long term leases. The property had been extensively renovated by the previous owner and the residential upper parts sold off on a long leasehold to an investor who has to rather unusually maintain the roof.
“This was an appealing investment, with good quality tenants, producing a gross yield of 6.6 % at the asking price of £675,000. The fact the upper parts long leasehold owner has to maintain the roof of a building dating back to late 1800’s was also another plus point.
Thanks go to the vendors agent, Gerrard Matthews, for offering our client the opportunity to acquire the building”.
Goadsby Commercial are delighted to announce the successful sale of the former Monay premises at 43 Charminster Road to Anwar Chowdhury.
Acting on behalf of a private client, Goadsby has submitted applications for Certificates of Lawfulness of Proposed Use or Development for two cottages at Moortown Drive, Canford Magna.
Goadsby have, on behalf of a private vendor, sold 996-996A Wimborne Road which is a freehold commercial and residential investment located in a densely populated suburb of Bournemouth.