Detached house for sale

>

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 building located on High Street in Bushey, Hertfordshire, offering a prime location and a total floor area of 10,160 sqft GIA (8,586 sqft NIA). The property is currently configured as 8 office suites with 32 surface-level car parking spaces, providing a high yield investment opportunity. With a guide price of £2,600,000, the property offers a net initial yield of 6.92% and a reversionary yield of 8.07%, making it an attractive investment option. Additionally, the property's alternate use potential makes it suitable for conversion to residential, subject to obtaining the necessary consents, providing further opportunities for growth and development.