3000 sq. ft (278.71 m²)
Key features
- Unbroken Town Centre Commercial & Residential Investment
- Total income ï½£66,600 per annum exclusive
- 2 Retail units and 4 Residential Apartments
Description
The property includes two retail units and 4 residential apartments (3 x 1-bedroomed and 1 x 2-bedroomed)
The ground floor retail units are let to a coffee shop (lease from 11/10/2024 for 10 years with rent reviews every 3 years) and beautician (lease from 25/03/2025 for 3 years) with the 4 apartments all let on 12 month residential tenancies.
The commercial elements of the property generate ï½£21,000 per annum exclusive (ï½£10,500 per unit), whilst the 4 flats generate an annual income of ï½£45,600 per annum. Property Total ï½£66,600 per annum.
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