Initial price	£1,800,000
14/05/25	£1,500,000
15/05/25	£1,550,000
Price Change	-13.89%

This newly refurbished property is a rare opportunity to acquire a specialist supported accommodation building, comprising 11 self-contained units and communal areas, located in a prime spot near the seafront, harbour, and town centre. The property is let to Inclusion Homes CIC on a 20-year lease with annual CPI-linked increases, generating a current passing rent of £131,560 per annum. The freehold property is being offered for sale at a price of £1,550,000, which reflects a net initial yield of 8% and a low capital value of £247 per square foot, making it an attractive investment opportunity.