Seeking offers in excess of £4,500,000 which provides an initial yield of 8.45%, allowing for purchaser’s costs of 6.57%. This price reflects a low capital value of only £141 per sqft. The property is held part long leasehold and part freehold. The long leasehold element is held on a 125 year term from 6 March 1992 at a peppercorn rent.