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3 bedroom character property for sale
High Street, Lymington, SO41
£375,000
High Street, Lymington, SO41
£375,000
Our Summary
- INVESTMENT OPPORTUNITY - BUSINESS UNAFFECTED
Description
This is a rare investment opportunity to acquire the freehold of a Grade II Listed period building on Lymington's thriving High Street. The property comprises a ground floor commercial unit, currently occupied by a premium brand jeweler, with a total floor area of 1,179 square feet, as well as a two-story flat above with a leaseholder in place. The commercial unit has a rear access and the flat has its own separate entrance. The property is situated in a busy part of the High Street, close to the town's historic "cobbles" and quay, with all local facilities and amenities within easy reach. The commercial unit offers a rental yield of 8.4%, and the leasehold of the flat has 169 years remaining. The property is a unique opportunity for investors and businesses looking to establish a presence in this popular town.