The Residence Store 9m2

£62,000 Sale Price

FOR SALE 9m2 Storage Unit @ The Residence — £62,000 (also available for rent £450pm).

KMN Real Estate is delighted to offer for sale this nine-square-metre storeroom at The Residence, conveniently located close to Main Street.

Situated in the basement of the development, the unit benefits from lift access, making it easily accessible.

The storeroom has achieved £450 per calendar month in rental income, while the service charge is only £82.47 per quarter.

Investment Details:

- Asking price: £62,000.

- Rental income: Approximately £450 pcm.

- Service charge: £82.47 per quarter.

- Net yield: Approximately 8%.

- Size: 9m².

- Location: The Residence, close to Main Street.

- Access: Lift and stair access to the basement.

- Electricity and air cooling are provided within the rates.

For buyers able to proceed quickly, there may be some room for negotiation on the asking price, subject to discussion.

For further information, please contact Keith at KMN Real Estate Ltd:

Tel: 00350 56020768

Email: info@kmnrealestate.gi