3966 sq. ft (368.45 m²)
Key features
- Fully let mixed-use investment
- 8 residential apartments & 2 commercial units
- Producing £44,579.04 per annum
- Estimated reversionary income: c. £75,000 pa
- Let to Righthouse Estate Agents Ltd until 12 Dec 2027
- Freehold includes 9 additional apartments previously sold off
Description
The retained accommodation is let in its entirety to Righthouse Estate Agents Ltd under a single lease expiring 12 December 2027 and comprises 8 self-contained one- and two-bedroom residential apartments together with 2 ground-floor commercial units. A further 9 apartments within the building have previously been sold on long leases, with the freehold reversion retained.
The apartments comprise living areas, separate bedrooms and bathrooms. These are generally finished with laminate flooring and electric central heating. kitchens incorporate an electric oven, hob and extractor. The apartments are arranged around a pleasant gated courtyard. The two commercial units are separately accessed and front High Street.
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