Agents are instructed to seek offers in excess of £2,000,000 (two million four hundred thousand pounds), subject to contract and exclusive of vat.
A purchase at this level would reflect a net initial yield of 4.89%, after allowing for purchaser’s costs of 6.28%.
Net income yield
Net operating income
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Property facts for 28 Hill St, Richmond
The property comprises a three-storey building fronting Hill Street with garage and rear access from Castle Mews, via Castle Yard. 28 Hill Street comprises a prominent ground floor retail unit with basement storage. Above the retail unit is a large two-bedroom flat split over first and second floor, with its own access via the rear of the property. To the rear there is a large garage / store accessed from Castle Mews.
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