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COMMERCIAL

Mansfield Road, Baldock, SG7

£415,000
Satchells Estate Agents, Baldock
PROPERTY TYPE

Residential Development

BEDROOMS

3

SIZE

Ask agent

Key features

  • Freehold
  • Two flats above - A one bedroom and a two bedroom
  • Income per year, circa £26,500 or 6.4% yield
  • Convenient location
  • Close to free parking
  • Ground floor restaurant with 40 covers
  • Contents of the restaurant and kitchen are not included
  • Awaiting council tax band
  • Flats 1b & 1c EPC - E

Description

For sale by tender, closing date 25th April 2025 at 12 noon.

A three storey freehold detached property situated in the heart of Baldock, just off the lovely majestic wide Georgian High Street.

The building comprises of a one bedroom and a two bedroom apartment with a vacant 40 cover restaurant on the ground floor.

The ground floor has potential to convert to a flat or could be used as an office, restaurant, coffee shop or craft beer. Any of these would compliment the existing business on the high street.

The rental income from the flats is currently £12,960 and historically the rent for the restaurant was £13,500 per year. The potential return of investment is 6.4% with a purchase price of £415,000.

Brochures

Brochure 1

Energy Performance Certificates

EPC 1

Mansfield Road, Baldock, SG7

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Baldock Station0.4 miles
  • Letchworth Station1.8 miles
  • Hitchin Station4.0 miles
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About Satchells Estate Agents, Baldock

8 High Street, Baldock, SG7 6AR
Industry affiliations:
Established since 1922

Satchells is an independent family run Estate Agents with third generation directors, we hold traditional family values dear.

For 100 years we have been supporting and advising our clients from their initial point of contact with us, through to completing on their purchase or rental.

We remain independent and pride ourselves on delivering a high level of personal service and building strong relationships with our clients to help them achieve the best results. We are able to do this with a dedicated team behind us who have a broad collective wealth of knowledge between them, across all sectors of the property market, including commercial property, land and estates management'.

It is because of our commitment to our customers that our business has thrived on repeat business and recommendation. Our reputation as trusted Estate Agents across a complete range of commercial and professional services sets us apart from our competitors.

Sales

Generating the correct property value is crucial to achieve the best-selling price for your property. Using our extensive local knowledge, we offer good, sound advice supported by evidence of comparable properties. To ensure a swift, professional sale we offer a wide range of marketing approaches and advice as part of our service. This includes:

  • Advice on the presentation of your property to help it sell quickly and at the highest price
  • We can offer a town and country specialised selling service. For more information, please contact our experienced sales team
  • We produce high-quality colour particulars, professionally printed, with floor plans (if appropriate)
  • We market across our local office network and globally via the web and social media

Notes

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Disclaimer - Property reference 28831503. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Satchells Estate Agents, Baldock. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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