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From
£1,250,000

Richmond House, 127 High Street, Newmarket, Suffolk, CB8 9AE

5,411Sq.ft

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For any questions, please contact us below:

Edward Dodson
Edward Dodson BSc(Hons) MRICS
Director

01223 271943

  • Prominent High Street location
  • Excellent location close to shops, restaurants and other amenities
  • Excellent location close to shops, banks and other amenities
  • 4 commercial units with 5 flats above.
  • Current income: £79,450
  • ERV: £85,650
  • Guide Price: £1,250,000
  • Reflects a net yield at the ERV of 6.43% (assuming purchasers costs at 6.5%)

Description

Freehold mixed use investment situated on Newmarket High Street. Richmond House is an attractive four storey building, which is split into commercial and residential space with office suites at ground and lower ground floor level and residential apartments at ground floor and on the floors above. This investment currently generates a gross income of £79,450 per annum. The estimated rental value is £85,650. For further information please contact Edward Dodson or Freddie Wootton on 01223 213 666

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From
£1,250,000

Richmond House, 127 High Street, Newmarket, Suffolk, CB8 9AE

5,411Sq.ft

Interested in viewing this property?

Arrange viewing

For any questions, please contact us below:

Edward Dodson
Edward Dodson BSc(Hons) MRICS
Director

01223 271943