0 Bed Commercial Property For Sale

FOR SALE BY PUBLIC AUCTION ON WEDNESDAY, 3RD DECEMBER 2025 AT 12.00PM NOON. LIVE STREAMED VIA DEDMAN GRAY WEBSITE. BIDDING AVAILABLE BY TELEPHONE, PROXY AND ONLINE



COMMERCIAL INVESTMENT: A FREEHOLD PROPERTY IN THE CITY CENTRE CURRENTLY LET PRODUCING AN ANNUAL INCOME OF £16,000. A 10% YIELD OF THE GUIDE PRICE

A Freehold commercial building over two floors located in the heart of the City centre. The building is currently used as an opticians and let to long standing tenants producing an annual income of £16,000 per annum. A 10% yield of the guide price.

The building is set over 2 floors and provides a total floor area of around 1,325 square foot (123 square metres)

It is considered that the property is an excellent buy to let investment due to not only the income currently generated and the credentials of the current tenant but also the busy city centre location that is considered to be in high demand will therefore be attractive for potential future tenants.

We are advised by the seller that the property is producing an annual income of £16,000 per annum.

The current lease was enacted on 18/02/2016 for a minimum period of 5 years up to 18/02/2021 and therefore is now periodic.

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