
Mansfield Road, Baldock, SG7
- 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 1Energy Performance Certificates
EPC 1Mansfield 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
Notes
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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