The property comprises a mixed-use freehold investment arranged as a ground floor retail unit together with a self-contained 1st floor flat

 

Summary

  • Freehold mixed-use investment.
  • Ground floor commercial premises plus self-contained flat.
  • Fully let producing immediate income.
  • Diversified commercial and residential income stream.
  • Passing rent of £24,372 per annum.
  • Long commercial income with lease expiry in March 2033.
  • Offers invited in excess of £350,000, subject to contract.

Accommodation

The accommodation comprises the following areas:

Floor/UnitDescriptionBuilding Typesq ft
Ground Retail Shop Retail 974
1st Flat Residential 896
Total1,870
101 High Road - 1b157d10-d279-4b3c-b3fe-303a7e300dbe.jpg

Further Information

Rates Payable Interested parties are advised to confirm the rating liability with the relevant local authority

Service Charge n/a

Estate Charge n/a


Description

The property comprises a mixed-use freehold investment arranged as a ground floor retail unit together with a self-contained first floor flat.

The commercial premises at ground floor level are occupied as a boutique retail business, whilst the upper floor provides a self-contained residential flat let on an Assured Shorthold Tenancy.

The asset offers investors a diversified income stream from both commercial and residential occupiers with immediate rental income.

Viewings

Strictly by prior appointment via the landlords appointed agents Ayers & Cruiks.

Terms

The Premises is available to let on a new full repairing and insuring lease for a term to be agreed.

Price

Offers invited in excess of £350,000, subject to contract.