Mixed use for sale
Key information
Features and description
- Shop 2 Flats (1 Bed/ 2 Bed)
- Tenants in Situ
- Current Combined Rental Income:
- Investment Opportunity
- Mixed Use Dwelling
- High Street Location
- Close to Bentley Train Station
If you’re looking for a tenanted investment opportunity then this could be your next opportunity.
Situated on the popular location of Arksey Lane, this mixed use dwelling offers to market a commercial shop, one-bedroom flat and two-bedroom flat. With tenants in situ, this property can offer the new buyer the potential to accrue rental income from Day 1.
Shop (lease):
The current lease runs until 16 May 2028.
The rent is £690 per calendar month, paid monthly on the 26th.
A rent review is included within the lease, and in my view this could be reviewed within the next year.
Flats:
Flat 1: £750 pcm, AST in place until 30/11/2026. The current tenants have indicated they intend to move out once the tenancy ends.
Flat 2: £700 pcm, AST in place until 06/10/2026. The current tenants are on a one-year agreement.
All tenants are paying rent on time and there have been no arrears.
Parking:
There is on-street parking only to the front of the building; however, there is generally good availability of spaces.
Meters & utilities:
The shop and both flats have separate electricity meters.
The shop has mains gas with a gas boiler providing heating.
The flats do not have gas; they are heated via modern infrared electric heating systems and have no gas radiators.
The current rent received from all units accumulates to £25,680 per annum.
Within walking distance to local shops and amenities as well as Bentley Train Station, this freehold property offers a fantastic location to a variety of people and businesses.
For more information please reach out and we will be happy to assist where possible.
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