Under Offer
TypeResidential Investments · Retail Investments
PO30 The Needles Portfolio, High Street, Newport, Isle of Wight
TenureFor sale
Specification
- Building size
- Building size 1 - 2 sqft
- Property type
- Property type Residential Investments · Retail Investments
- Tenure
- Tenure For sale
Description
INVESTMENT PORTFOLIO FOR SALE IN A PRIME COASTAL LOCATION
84 Properties all located on the Isle of Wight comprising of the following:
Residential - 76 Tenancies
Commercial - 8 Tenancies
Current Annual Gross Rental Income: £913,576 p.a.
Residential - £780,060 p.a.
Commercial - £133,516 p.a.
Market Valuation of all Assets Assuming Vacant Possession: £18,360,000
The entire portfolio is offered For Sale as a Single Transaction.
Asking Price: Offers in Excess of £14.75m at an Initial Yield of 6.25%
A comprehensive property schedule and dataroom is available for review.
Location
84 Properties Located on the Prime Coastal Area of Isle of Wight



