This property is no longer on the market
Retail property (high street)
Property description & features
- Tenure: Freehold
- Commercial Investment Opportunity
- Prominent Location
- Freehold
- Commercial Premises & Self Contained Apartment
- Subject To Existing Tenancies With A Rental Income Of £11,400pa
- Approximate NIA For The Commercial Premises of 297 sq ft / 27.62 sq mtr.
Rooms
Ground Floor Commercial Premises
Current rental income of £4,800 with a lease term from 17th May 2023 to 17th May 2024.
Shop front
141.23 sq ft/ 13.12 sq mtr
Upvc double glazed window and entrance door.
Rear Area
100.62 sq ft/ 9.35 sq mtr
Kitchen Area & W.C
55.33 sq ft/ 5.15 sq mtr
Upvc double glazed window and rear entrance door.
Wall and floor kitchen units incorporating: Stainless steel, single drainer, sink unit. Separate w.c. with wash hand basin.
Self Contained Apartment
Currently rented out for £550pcm on an Assured Shorthold Tenancy for 12 month, which was actioned on 28th January 2023.
Stairs to the property are accessed via a shared passage with neighbouring properties located to the front of the property.
Entrance
6'1" x 8'6"
Upvc double glazed windows and front entrance door.
Open Plan Kitchen Living Room
11'3" x 19'8"
Range of wall and floor units incorporating: Stainless steel, single drainer, sink unit with mixer tap. Space for freestanding cooker. Upvc double glazed windows. Electric heater.
Bedroom Two
9'5" x 9'6"
Upvc double glazed window. Electric heater.
Shower Room
6'4" x 4'2"
Low flush w.c. Pedestal wash hand basin. 'Triton T80' electric shower and enclosure. Part tiled walls.
Stairs To First Floor Bedroom
10'2" x 13'9"
Restricted head room. Electric heater. Double glazed skylights. Electric heater.
Garden space for the apartment is located at the rear.
Energy Performance Certificate
EPC rating for the commercial premises is:
EPC rating for the apartment is: E
V.A.T Payable
V.A.T. will not be charged on the purchase price
Tenure & Possession
The property is freehold subject to existing tenancies. Current rental income on the commercial premises is £4800pa with a lease term from 17th May 2023 to 17th May 2024. The apartment is let out on Assured Shorthold Tenancy for 12 month, which was actioned on 28th January 2023, for £550pcm.
Services
Mains water, electricity, and drainage are connected. We have not tested any apparatus, fixtures, fittings or services and we cannot verify that they are in working order, correctly installed or fit for the purpose. Prospective tenants are advised to obtain verification from their solicitor, surveyor or specialist contractor as appropriate.
Fixtures & Fittings
Any fixtures and fittings not mentioned in these sale particulars are excluded from the sale.
Council Tax Band 'A' as at 28.06.2023
Reference: jea.lb.28.06.2023
Money Laundering Regulations 2003
We are governed by the Anti-money Laundering Legislation and are obliged to report any knowledge or suspicion of money laundering to the National Criminal Intelligence Service. Therefore if you purchase this property you will be required to produce photographic identification and a utility bill for your current address in accordance with this Act. Without identification a sale cannot proceed.
Valuation Advice for Prospective Purchasers
If you have a property to sell we can provide you with a Free Market Appraisal and marketing advice without any obligation.
Misrepresentations Act
Messrs. Doolittle & Dalley for themselves and for the vendors/lessors of this property whose agents they are, give notice that:- 1.These particulars do not constitute, or constitute any part, of an offer or a contract. 2.All statements contained in these particulars as to this property are made without responsibility on the part of Messrs. Doolittle & Dalley or the vendor. 3.None of the statements contained in these particulars as to this property are to be relied on as statements or representations of fact. 4.Any intending purchaser must satisfy him/herself by inspection or otherwise, as to the correctness of each of the statements contained in these particulars. 5.The vendor does not make or give and neither Messrs. Doolittle & Dalley or any person in their employ has any authority to make or give any representation or warranty whatever in relation to this property.
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Broadband availability and predicted speed
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Mobile phone signal availability and predicted strength
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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