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

This is a newly refurbished residential investment property, comprising 11 self-contained supported living units, communal areas, staff rooms, and large garden areas, totaling 6,264 sq ft GIA. The property is located close to the seafront, harbour, and town centre, and is let to Inclusion Homes CIC on a 20-year FRI lease with annual CPI linked increases. The current passing rent is £131,560 per annum, and the property is being offered for sale freehold at a price of £1,550,000, reflecting a Net Initial Yield of 8% and a low Capital Value of £247 per sq ft.