Prominent mixed-use high-street building with 8% net initial yield.
Combined annual income £52,888 and guide price £630,000
A substantial mixed‑use red‑brick property on a prominent junction, offered with a combined annual income of £52,888 and a guide price of £630,000. The terrace of three linked buildings is fully let across six tenancies to retail, office, a clinic and postal/agency uses, producing an attractive net initial yield of 8%. The site benefits from a large footprint (approximately 3,454 sq ft), a rear car park accessed via Betsy Lane and a very affluent, low-crime catchment with fast broadband and excellent mobile signal.
Transport links and local demand strengthen the investment case: quick access to the A35/A31 and nearby Christchurch station (around 5 miles) connects the area to Bournemouth, Southampton and London. The building’s Victorian character, multiple shopfronts, tall ceilings and prominent roadside frontage deliver strong passing visibility and regular footfall from village high‑street activity and nearby amenities.
There is scope to add value through active asset management. The upper parts could be considered for residential conversion subject to all necessary consents and possession — planning consent has not been granted and any conversion would require formal approvals. The property is suited to an investor or landlord prepared to manage a multi‑tenancy asset in a village high‑street setting.
Material considerations: tenure details are unknown and the current rooflines and condition cannot be fully assessed from available imagery — an on‑site inspection and survey are advised. External amenity is limited (small yard/service area and modest frontage); parking is off‑street with a rear car park but limited private outdoor space. Prospective purchasers should factor in costs and time for any change-of-use applications, refurbishment or remedial works.
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