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.”
Any time we start something new it is exciting and we are very motivated and committed. As time goes by, however, the burst of enthusiasm can wane as the reality of how much work is going to be involved kicks in. When you find yourself slacking a little and not being as enthused about the new change or goal you are working towards, that isn’t a sign to quit. It is a sign that it is time to re-commit.Meet the team