Freehold commercial investment block offering a ground floor retail unit along with 3 self contained flats above. A potential income of £17,860 per annum when fully let. This has the potential of a 13% yield. Sale is subject to the existing tenancies that are in place.
Ground Floor - Retail unit with a new Landlord & Tenant Act in place for a 3 year term at £3,600 per annum.
Total floor area - 45 square metres
Flat 1 - Total floor area - 42 square metres
Flat 2 - Total floor area - 38 square metres
Flat 3 - Total floor area - 39 square metres
Tenure - Freehold but subject to the existing tenancies that are in place.
Income - Ground floor retail unit £3,600 per annum
Flat 1 £3,640 per annum
Flat 2 £5,940 per annum
Flat 3 £4,680 per annum
Potential gross rental income of, £17,860 per annum when fully let.
Viewing - Strictly via prior appointment with sole agents, Colin Ellis Property Services on
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