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Commercial property for sale in Saffron Walden

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1 commercial property

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    King St, Saffron Walden CB10 1EU

    Retail for sale

    £510,000

    1,772 sq ft

    • Car park
    • Office space
    • Telephone system
    • Train transport

    Freehold retail and residential ground rent investment in affluent and expanding market town. The property enjoys a prime town centre location and comprises shop let to established charity St Elizabeth's, plus residential flat on the upper floors let long leasehold. The total net income from the property is £40,250 pa, with the shop being subject to stepped annual increases. The freehold of the property is available at a price of £510,000, reflecting an attractive net yield of 8.16% based on the average income for the remainder of the shop lease.

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