Property Details

£750,000 Guide Price
1 Bathrooms

Full Details

The Shop Was A Restaurant That Had Been Trading For A Number Of Years & Is Currently Available With All The Equipment & Infrastructure To Continue To Trade As One But Can Equally Be Altered To Be Used As Something Different Depending On The Buyers Choice.

The Last Rent Achieved For The Shop Was £24,000 Per Annum. The Total Space For This Is 858 Square Foot.

Currently The Two One Bedroom Flats Are Rented Out At A Combined Rent Of £30,600 Per Annum Each On A One Year AST & Wanting To Extend Beyond The End Date. All Renters Have Been Referenced & Qualified Via I AM Real Estate When They Moved In. Each Flat Has An EPC, Gas Safety & Electrical Installation Certificate Which Are All In Date & Valid.

The One Bedroom Flats Can Be Converted Into Two Bedroom Flats With The Relevant Alterations & Permissions Needed Which Would Then Give The Freeholder A Potential Letting Return Of £36,000 A Year.
Council tax band: Not Required

Property Summery

Property Summary

I AM Real Estate Are Proud To Market This Amazing Investment Opportunity For Serious Investors That Are Looking To Grow Their Property Portfolio By Adding A Mix Use Commercial & Residential Freehold Building With A Vacant Shop Downstairs & Two One Bedroom Flats Above Which Are Currently Rented Out.

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BROCHURE

I AM REAL ESTATE