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 thrilled to announce the successful letting of 487-489 Christchurch Road to up and coming young chef, Sam Corner.
This question is posed in response to the pre-election Labour Party proposals to introduce a new town planning land use category in a bid to build more houses.
Goadsby Commercial are pleased to bring 11,874 sq ft at Unit 37 South Hampshire Industrial Park, Totton, to the market to let.