The ground and basement floors are let to joules ltd on a full repairing and insuring lease for 10 years from the 13th june 2013 at a current rental of £38,500 per annum.
The tenant had a break option in june 2018 which was not implemented.
The flats are both occupied on assured shorthold tenancies.
The one bedroom flat is let at £7,620 per annum and the two bedroom flat at £10,620 per annum.
The total income is therefore £56,740 per annum.
Net income yield
Net operating income
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Property facts for The Market Inn, Petersfield
The property is Grade II listed and was substantially refurbished and extended some 6 years ago with pitched tiled roofs.
The premises comprise ground floor shop with basement storage and with revealed timbers together with a wooden floor.
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