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”.
Acting on behalf of our longstanding management client, the Hampshire Office of Goadsby Commercial are pleased to bring to the market 1 Middle Road, Park Gate on a leasehold basis.
Federated Hermes has announced that Calcinotto, the Poole-based civil, structural, and environmental engineering firm, has selected Fleets Corner Business Park for its new headquarters in a move that will see the company occupying more space.
Acting on behalf of the site owners, Goadsby has submitted a planning application for the extension of one of the existing blocks of flats at Firgrove Court, Bournemouth Road, Parkstone, to create an additional 9 flats.