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Shop
Property description & features
- Tenanted Investment Property
- Producing income of £12,000 per annum
- Represents a yield of 9.6% before costs
- Ground floor shop and first floor apartment
- Seperate Services and heating
Tenanted investment opportunity producing income of £12,000 per annum. Shop unit to the ground floor with first floor apartment which has been refurbished in 2019. (New boilers installed for the shop and flat in 2019 with 10 year warranty and fuse board also upgraded providing service to shop and flat ) . The property briefly comprises; Shop unit; sales and food preparation area, preparation / storage area, washroom, WC and lobby with shower room off.
First Floor Apartment; recess porch, hallway, lounge, dining kitchen, bedroom, utility area and shower room. A further staircase leads to an unused second floor.
Ground Floor Shop -
Sales And Food Preperation Area - 11.18 x 4.34 max - Large window to the front elevation.
Preperation / Storage - 2.22 x 1.69 - Storage cupboard.
Washroom - 2.54 x 2.28 - Double bowled sink.
Lobby - Wash basin with WC off housing the gas central heating boiler ( new boiler installed 2019 with 10 year warranty)
Lobby. - Wash basin and shower room off.
Storage Area - 4.16 x 3.62 - Rear entrance door.
Shop Tenancy - A lease commenced for a term of 6 years 11 months ending and including 26.05.2026 at a term of £450.00PCM.
First Floor Apartment -
Recess Porch - Entrance door leads to;
Hallway - Central heating radiator and staircase leading to landing.
Landing - Laminate flooring, enclosed staircase to landing leading to the unused second floor.
Lounge - 4.57 x 3.95 max - UPVC double glazed window and central heating radiator.
Dining Kitchen - 3.95 x 3.34 max - UPVC double glazed window , central heating radiator, a range of base, wall and drawer units. Fitted work surfaces, tiled splash backs, stainless steel ingle drainer sink unit, split level oven and hob with cooker hood over. Plumbed for an automatic washing machine and enclosed gas central heating boiler ( new boiler installed 2019 with 10 year warranty ).
Bedroom One - 3.22 x 2.94 - UPVC double glazed window, central heating radiator and laminate flooring.
Utility Area - UPVC double glazed window and central heating radiator.
Bathroom - Two UPVC double glazed windows and towel rail central heating radiator. Fitted with a three piece suite comprising of shower cubicle , pedestal wash basin and low flush WC.
Tenancy - An AST agreement commenced 5.12.2020 for a term of 6 months at £550.00PCM.
Agents Notes - Services, fittings & equipment referred to in these sale particulars have not been tested ( unless otherwise stated ) and no warranty can be given as to their condition. Please note that all measurements are approximate and for general guidance purposes only.
Valuations - We offer a free sales valuation service, as an Independent company we have a strong interest in making sure you achieve a quick sale. If you need advice on any aspect of buying or selling please do not hesitate to ask.
Additional Services - Whitaker Estate Agents offer additional services via third parties: surveying, financial services, investment insurance, conveyancing and other services associated with the sale and purchase of your property.
We are legally obliged to advise a vendor of any additional services a buyer has applied to use in connection with their purchase. We will do so in our memorandum of sale when the sale is instructed to both parties solicitors, the vendor and the buyer.
Whitakers Estate Agents for themselves and for the lessors of the property, whose agents they are give notice that these particulars are produced in good faith, are set out as a general guide only & do not constitute any part of a contact. No person in the employ of Whitakers Estate Agents has any authority to make or give any representation or warranty in relation to this property.
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