Call the team on 01228 510 552 for more information
Mixed use investment property - 15% gross yield
A mixed use investment property producing an income of £10,400 per annum, a gross yield of 15% at the guide price. It occupies a prominent position in the town and comprises a ground floor shop unit and upper floor flat.
Tenure
See Legal Pack
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Ground Floor
Shop - 33'6 x 9'9 Rear Store - 10' x 8'6 WC Store - 8'6 x 6'
First Floor
Front Sitting Room - 17'6 x 14'3 Kitchen - 15'3 x 8'3 Bathroom - 14'9 x 8'6
Second Floor
Front Bedroom - 14'3 x 10'6 + recess Rear Bedroom - 15'6 x 8'3
Outside
Rear yard
Tenancies - see legal pack
Shop let at £100 per week = £5,200 per annum Upper Flat let at £100 per week = £5,200 per annum
Energy Efficiency Rating (EPC)
Current Rating C E
Services
Interested parties are invited to make their own enquiries to the relevant authorities as to the availability of the services.
Solicitors
Brockbanks, 71 Main Street, Ref: Louise Holt, Tel: 01900 827222
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - £1200 inc VAT payable on exchange of contracts.
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.