FREEHOLD MIXED COMMERCIAL INVESTMENT
£480,000 Guide Price
A Freehold mixed commercial investment comprising two commercial units and two flats (one is a Studio arranged as a one bedroom flat) which are Let plus a vacant office. Prominent and popular location within a stone’s throw of the High Street.
Accommodation
AT THE TIME OF GOING TO PRINT, HAIR & SON AUCTION HAVE NOT INSPECTED THE PROPERTY. INTERESTED PARTIES ARE ADVISED TO RELY ON THEIR OWN ENQUIRIES.
UNIT 1 & 2: Shop Area (7. 14m x 3.
38m)
UNIT 3: Shop Area (3. 38m x 3.
05m)
REAR OFFICE
Office: (11. 86m X 5.
27m)
STUDIO/FLAT A
Lounge
Kitchen
Bedroom
Bathroom/w. c.
FLAT B
Lounge
Kitchen
Bedroom 1
Bedroom 2
Bathroom/w. c
TENANCIES
Unit 1-2: 12 year Lease commencing 25th September 2015 at a Rent of £10,800 per annum.
Unit 3: 10 year Lease commencing 16th December 2015 at a Rent of £4,440
Rear Office: Vacant.
Studio/Flat A: Currently Let on an Assured Shorthold Tenancy Agreement at a Rent of £7,200 per annum.
Please refer to the Legal Pack for further details.
Flat B: Currently Let on an Assured Shorthold Tenancy Agreement at a Rent of £8,700 per annum.
Please refer to the Legal Pack for further details.
AUCTIONEERS NOTE: A proportion of the Rent contributes towards the cost of Gas, Electricity and Water.
Please refer to the Legal Pack for further details.
Thus producing £31,140 per annum.
There is potential for an additional £4,000 per annum from the rear office.
TENURE: Freehold
ENERGY PERFORMANCE RATING - TBC
VIEWING: By appointment with the Auctioneer and at the courtesy of the Tenants.
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