Detached house for sale

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Detached house for sale

High Street, Bushey, Hertfordshire, WD23
£2,600,000

Our Summary

  • * The property lends itself to alternative uses and may suit conversion to residential, subject to obtaining the necessary consents
  • The property lends itself to alternative uses and may suit conversion to residential, subject to obtaining the necessary consents

Description

This is a multi-let office investment property located on High Street in Bushey, Hertfordshire, offering a prime location and 10,160 sqft of GIA (8,586 sqft NIA) space. The building is currently configured as 8 office suites, with 32 surface-level car parking spaces, and has the potential for alternative uses, such as residential conversion, subject to necessary consents. The property is being offered for sale on a freehold basis with a guide price of £2,600,000, reflecting a net initial yield of 6.92% and a reversionary yield of 8.07%, with a low capital value of £256 per sqft.
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