Property Overview
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- Size:
- Undisclosed
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- Usage:
- A1, A3, A4, D2
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- Sale Type:
- For Sale
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- Rental Income:
- £30,000
-
- Property Type:
- Other
- Mixed Use
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- Auction:
- No
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- Development Opportunity:
- No
-
- Investment Opportunity:
- Yes
-
- Tenanted:
- Yes
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- Energy Rating:
- N/A
General Summary
This is a former theatre / cinema / nightclub which was latterly used as bingo hall and amusement arcade. The property would lend itself to a number and variety of uses (subject to relevant planning consents).
In addition to the vacant ground floor, our client also owns 7 let flats above the hall. These flats generate an annual income of over £30,000 and are included in the sale price – representing a very respectable Gross Initial Yield of 8.57% BEFORE any income from the hall is factored.
Location
Town centre location, just off the main High Street.
Pricing
The pricing is unfortunately not available for this property online. Please submit your details using the form below and the agent will contact you to discuss this further.
