Bill Samuel, represented by Curchod & Co, has sold the freehold investment of 44C Frensham Road, Lower Bourne in Farnham, Surrey to RVS Properties Limited for £135,000.
The 950 sq ft retail property is let to The Lavender Hill Company and is held on a lease until the end of 2021. It produces an annual income of £12,000 and the transaction reflects a yield of 8.73%.
Nick Reeve of Curchod & Co in Farnham said: “There is a good demand for commercial property investments of all sizes at the current time. This property is in a prominent location and a destination that is popular with both local residents and retailers.”
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