3 bedroom Residential development for sale

For sale by tender, closing date 25th April 2025 at 12 noon.A three storey freehold detached property situated in the heart of Baldock, just off the lovely majestic wide Georgian High Street.The building comprises of a one bedroom and a two bedroom apartment with a vacant 40 cover restaurant on the ground floor.The ground floor has potential to convert to a flat or could be used as an office, restaurant, coffee shop or craft beer. Any of these would compliment the existing business on the high street.The rental income from the flats is currently £12,960 and historically the rent for the restaurant was £13,500 per year. The potential return of investment is 6.4% with a purchase price of £415,000.