27 Cornhill, Bury St Edmunds – Retail Investment Disposal
Freehold sale on behalf of a Private Client, the property comprises ground floor sales with ancillary space and first and second floor levels.
The Grade II listed building is situated on the prime retailing pitch of Cornhill in the centre of the historic market town.
The property is let to Oxfam for a further 4 years at a recently reviewed passing rent of £44,000 per annum.
The sale price was £645,000 reflecting a net initial yield of 6.5%