Investment sale in Christchurch

Acting on behalf of a private client, Goadsby have sold 22 Fairmile Road to a local investor at a quoting price of £75,000 + VAT.  This ground floor unit is currently occupied by a taxi company who are paying a rent of £7,000 per annum, exclusive.

Tom Chapman of Goadsby, Investment Department commented, “The local investor is based near the Christchurch area and was keen to purchase a freehold in the area which was already income producing.  The attraction to the investor to this property was that there could be the possibility of converting the premises to a residential in the future subject to gaining the necessary planning consent.”