Key Features

• Long leasehold investment opportunity in prime location in the sought after seaside town of Salcombe.
• Currently let to Jack Wills until September 2025. Annual rent £15,000 per annum.
• Reflecting a 6.4% gross yield
• Asking price £199,950
• Reflecting a 7.5 % gross yield

Description

Long leasehold investment opportunity. The premises comprise of an end of terrace open plan ground floor lock-up-shop premises with a large glass display window and front entrance door. Located adjacent to Whitestrand car park this is one of the most prominent locations in the centre of Salcombe Town. Jack Wills currently reside in the three shops all under separate ownership.