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Market Place, Warminster BA12 2 bed flat for sale
Market Place, Warminster BA12
£375,000
Market Place, Warminster BA12
£375,000
Our Summary
- Investment opportunity comprising three storey Grade II Listed building with ground floor shop and two self-contained flats on the upper floors
- Planning - Prospective tenants must satisfy themselves as to the permitted planning uses for the property
- Investment opportunity
Description
This investment opportunity comprises a three-storey Grade II Listed building in the heart of Warminster, with a ground floor shop and two self-contained flats on the upper floors. The shop is currently let to a barber shop on a 10-year lease, while the flats are let on ASTs. The property is situated near the town's mainline railway station, with regular services to major cities, and is close to various shops, cafes, and restaurants. The building has undergone modernization in recent years and retains many attractive period features. The asking price is in the region of £400,000, reflecting a gross initial yield of 7.42% based on the combined current income of £29,700 per annum.