Freehold held under title number CYM819683. We understand a new title number for the access road and land to the rear will be created on completion of the sale.
We are instructed to seek offers in excess of £700,000 exclusive of VAT. This reflects a net initial yield of 9.39% after allowing for standard purchaser costs of 6.05%. This assumes the transaction will not be a TOGC. The price breaks back to a low capital value of £52 per sq ft.