A mixed retail and residential investment property in Salisbury city centre is up for sale with a guide price of £475,000.
The freehold investment at 38-40 Fisherton Street consists of two separate shop units, a one-bedroom flat, and a separate three-bedroom house.
The property is fully let and generates a total rental income of £27,456 per annum exclusive, according to the estate agent Myddelton & Major.
The residential house is subject to a Housing Act Regulated Tenancy.
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Simon Lee from Myddelton & Major said: “We are pleased to be offering this freehold investment opportunity, which occupies a prominent corner trading position on one of the City’s main arterial routes and comprises an attractive Grade II Listed Building, close to The Maltings Shopping Centre and Sainsburys Supermarket.
“We are anticipating receiving strong interest for this investment, which offers the potential for future conversion and has the additional benefit of not being elected for VAT.”
Myddelton & Major, the estate agent handling the sale, was named the most active agency in Wiltshire in 2023 for the twelfth year running by Estates Gazette, the weekly and online magazine of the UK commercial property industry.
The agency also placed second in the South West region for the number of deals achieved.
You can view further details about the property at https://myddeltonmajor.co.uk/property/38-40-40c-fisherton-street-salisbury-wiltshire-sp2-7rb/
