Mount Pleasant is a busy road, formerly the main A441, in a densely populated Residential Area less than 5 minutes walk from the Town Centre, which is immediately North. It is on a Bus Route.
The Shop is in a short parade of shops near the junction with Salop Road and Ipsley Street; On street parking is free.
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The property comprises an end terrace mixed commercial and residential building arrange as:
Number 28 - Ground Floor shop 578sqft plus Lower Ground Floor Storage 552sqft.
Number 30 - Ground Floor shop 273 sqft
Residential:
Number 28a - Four Storey Apartment consisting of approximately 1,255 sq ft GIA
Number 30a - Four Storey Apartment consisting of approximately 1,255 sq ft GIA
To the rear is a shared WC.
A pedestrian access leads to the two self-contain residential properties each comprising:
Ground Floor Lobby with stairs ascending to First Floor landing off which opens: Bathroom, Kitchen and Lounge, with stairs continuing to Second Floor comprising two Double Bedrooms. The flats are in need of complete refurbishment.
To the rear is a good sized garden.
Freehold
Number 28 - is let to S Vadivel for a term of 5 years from 9 July 2024 at a rent of £10,000 subject to Tenant break on 9 July 2029.
Number 30 - is let to Paul Kings for a term of 15 years from February 2013 at a rent of £3500.
Flat 30a is currently vacant.
Flat 28a is let on to AST at rent of £530pcm.
The Total rental income is £26,220pa
£345,000
Each Party to bear their own fees.
All Mains Services are supplied to the building.
Strictly by appointment with our reception on 01527 584242
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