Property for sale
Property description & features
- A mixed use investment property producing excellent annual income
- Comprising a ground floor retail shop
- With sitting tenant, and living accommodation above extending to three letting rooms
- Shower room and kitchen.
- EPC's - 56-D and 72-D.
A mixed use investment property producing excellent annual income comprising a ground floor retail shop - with sitting tenant, and living accommodation above extending to three letting rooms, a shower room and kitchen. The property is situated within an established row of retail units less than half a mile from the city centre. EPC's - 8A Ruabon Road (Flat) - 56-D. 8 Ruabon Road (Shop) - 72-C.
THE SHOP
Let to Taylor Made Tattoo Studio occupying the whole of the ground floor accommodation. The rent passing for the shop is £460.00 per calendar month - £5,520 per annum.
Front Shop Area - 15' 5'' x 13' 9'' (4.70m x 4.19m)
Archway to:
Rear Shop - 12' 2'' x 11' 10'' (3.70m x 3.61m)
Rear Prep Room and Store - 8' 9'' x 7' 11'' (2.67m x 2.42m)
Kitchenette - 4' 9'' x 3' 9'' (1.45m x 1.14m)
Fitted with a stainless steel single drainer sink unit set into base storage cupboards and drawer pack with matching suspended wall cabinet.
WC - 4' 5'' x 2' 10'' (1.35m x 0.87m)
Fitted with a two piece white suite comprising concealed flush wash basin and wall mounted w.c.
RESIDENTIAL ACCOMMODATION
The residential portion is approached via a separate pedestrian access off an entryway to the side. The accommodation is let as three separate rooms at £105.00 per week each. The gross rent is therefore in the region of £16,380.
Ground Floor Entrance Hall
Approached through a double glazed door. Staircase to:
First Floor Landing - 20' 6'' x 5' 5'' (6.25m x 1.64m)
Radiator. Smoke alarm. Double glazed window. Understairs store cupboard.
Kitchen - 9' 10'' x 8' 10'' (3.00m x 2.70m)
Fitted with laminate panel shaker-style fronted units comprising stainless steel single drainer sink unit set into base storage cupboards with matching suspended wall cabinets. Built-in electric oven and grill with four-ring halogen hob and cooker hood above. Space with plumbing for automatic washing machine. Space for two refrigerators. Wall mounted combination-type gas-fired central heating boiler. Hear detector. Tiling to work areas. Double glazed window.
Shower Room - 8' 9'' x 3' 9'' (2.66m x 1.15m)
Fitted with a three piece white suite having range of chrome finished fittings comprising close flush w.c., pedestal wash hand basin and over-sized shower tray with enclosing sliding screen and instant heat electric shower fitted above. Double glazed window. Extractor fan.
Bedroom 1 (Front) - 15' 7'' x 13' 11'' (4.75m x 4.24m)
Three double glazed windows. Radiator. Television aerial point. Telephone point. Smoke alarm. Fire door.
Bedroom 2 (Rear) - 9' 6'' x 12' 3'' (2.89m x 3.73m)
Radiator. Double glazed window. Smoke alarm. Television aerial point. Fire door.
Second Floor Landing
Double glazed window. Smoke alarm. Loft access-point.
Bedroom 3 - 13' 1'' x 12' 5'' (4.00m x 3.78m)
Double glazed window to dormer. Radiator. Smoke alarm. Television aerial point. Fire door.
Storeroom - 15' 3'' x 9' 6'' (4.64m x 2.89m)
Restricted head-room. "Velux"-style roof-light. Radiator. Smoke alarm. Fire door.
Income and Outgoings
The Landlord is responsible for the following outgoings:-Water - £55.00 per monthGas and Electric - £210.00 per monthInternet - £30.00 per monthCouncil Tax - £110,00 per month.Deductions total £405.00 per calendar month - £4,800 per annum.Net rent in the region of £11,500.Net rent for whole property is therefore in the region of £17,000 per annum.
Outside
To the rear of the property there is an enclosed yard. Side pedestrian pathway.
Services
All mains services are connected subject to statutory regulations.
Tenure
Freehold.
Council Tax Band
No. 8 Ruabon Road is valued under Band "B".
Directions
From the Agents Wrexham Offices proceed up Regent Street to the traffic lights turning left onto Bradley Road continuing past the former Fire Station to the mini-roundabout and continuing straight ahead. After passing Bellevue Park on the left-hand side, take a left-hand turning (at the traffic lights) onto Ruthin Road. At the junction take the right-hand turning onto Ruabon Road, when the property will be observed after a short distance on the right-hand side.
Council Tax Band: B
Tenure: Freehold
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