Freehold, mixed use investment property, fully let 16.3% gross yield

A substantial three storey block of freehold property situated on the corner of Senhouse Street and Furnace Lane. An excellent mixed use investment property comprising a ground floor shop unit and two self contained flats on the upper floors. The property is fully let producing an immediate income of £13,920 per annum which equates to a gross yield of 16.3% at the guide price.

Tenure

See Legal Pack

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Ground Floor Shop - let at £375 pcm

Front Shop - 20' x 13'6 Rear Store Kitchen WC

First Floor Flat 65a - let at £385 pcm

Hall Sitting Room - 12'6 x 11' Kitchen - 11' x 8' Bedroom - 10'3 x 9'6 + recess Bathroom - 6'6 x 5'6

Second Floor Flat 65b - let at £400 pcm

Hall Sitting Room - 12'6 x 11'3 Kitchen - 11' x 9'3 Bedroom - 9'6 x 9'3 Bedroom - 9'3 x 7'3 Bathroom - 11'9 x 6'3

Outside

Rear passage with Store.

Services

Interested parties are invited to make their own enquiries to the relevant authorities as to the availability of the services.

Solicitors

Bendles Solicitors LLP, Ref: Liam Mulholland, Tel: 016973 42121

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.