- Mixed Use
*** SOLD AT AUCTION - £336,000 ***
Town centre investment opportunity. Mixed use building comprising a tenanted retail unit with a 2 storey vacant flat above that requires modernisation and improvement. Current rental income from the retail unit £10,000 p.a. Centrally located, surrounded by retail units, bars and restaurants.
Cellar: 18 ft 3 in max x 13 ft 3 in max
Lounge: 12 ft 1 in max x 11 ft 9 in max
Kitchen: 10 ft 10 in max x 10 ft 7 in
Room 1: 17 ft 4 in max x 12 ft 2 in max
Room 2: 14 ft 11 in max x 8 ft 6 in max
Currently being used as a sandwich bar/ deli and caterers.
Approximately 355 square foot
Commercial: EPC Rating: E
Residential: EPC Rating: G
Freehold subject to lease on retail unit and vacant possession on flat.
Term: 10 years from 2019
(Rent review not exercised in October 2020)
Rent payable: £10,000 p.a.
Administration Fee: £1,200 (£1,000 plus VAT)
Please see the legal pack for any further costs