Acorn Commercial was instructed by the family owners to market this fully let mixed-use freehold investment property in the picturesque village of Eynsford. Situated within a designated conservation area, the property generated strong interest from investors seeking a balanced income stream from both commercial and residential tenancies.
The detached, three-storey brick-built building comprises a tenanted Use Class E commercial unit extending to approximately 721 sqft, currently occupied as a hair and beauty salon. together with a self-contained garden flat of approximately 495 sqft and a three-bedroom maisonette extending to approximately 765 sqft, both of which were also tenanted at the time of sale.
The property produced a combined annual rental income of £44,140 per annum. Following a competitive marketing campaign, a sale was agreed with a private investor at a level reflecting a gross yield of 9.3%, and following a competitive marketing process, a sale was agreed with a private investor reflecting a gross yield of 9.3% which, at the time of the sale reflected typical investor appetite for commercial properties in outer London due to market conditions.
PROJECT ADDRESS: River House, High Street, Eynsford, Kent DA4 0AA