0 Bed Commercial Property For Sale

A mid-terrace mixed use investment property comprising of three ground floor lock up retail units with two flats over. The property is currently fully let generating a gross income of £31,080pa. Available at a guide price reflecting an 8% gross yield. No external garden or parking.

A mid-terrace mixed use investment property comprising of three ground floor lock up retail units with two flats over. The property is currently fully let generating a gross income of £31,080pa. Available at a guide price reflecting an 8% gross yield. No external garden or parking. Internal accommodation is arranged as follows:

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Occupying a strong secondary trading location within Street located off Farm Road, Street nearby Clarks Village.


10 - Ground floor retail unit. Retail area (26.50sqm). Kitchen and WC (3.74sqm). Occupied as a nail bar.
10A - Ground floor retail unit. Retail area (18.40sqm). Occupied as vape shop / office.
10B - Ground floor retail unit. Retail area (19.87sqm) including WC. Occupied as barber shop.
Communal ground floor entrance.
10C - Hallway. Bedroom (8.24sqm). Living Room (18.02sqm max.) with stairs. Kitchen (5.25sqm). Second floor landing. Bathroom (5.3sqm). Plus attic room.
10D - Entrance Hall. Living / Kitchen (17.26sqm). Bedroom (7.09sqm). Shower Room (3.73sqm). Attic room.


We understand that each of the parts are connected to separate utilities. Mains water and electricity. No tests have been carried out on any appliances or services at the premises and neither the vendors nor their agents give any warranty as to their condition. All fixtures, fittings and trading equipment are specifically excluded unless mentioned in these particulars.

Strictly by prior appointment with the selling agent., Cooper and Tanner . We request that at least 24 hour notice is provided in advance of your intended viewing date to allow time to notify the tenants.

We understand the property is not elected for VAT.

Rateable Value / Council Tax
10 - Ratable Value £7,8000
10A - Ratable Value £5,400
10B - Rateable Value £5,300
10C - Council Tax Band A
10 D - Council Tax Band A

Planning
Interested parties should rely on their own enquiries in respect of any planning history, opportunities and existing consented uses and works with the local planning authority.

Energy Performance Certificate
10 - TBC
10A - EPC/D
10B - EPC/E
10C - EPC/E
10 D - EPC/D
Full copies available on request.

10 £580pcm - Commercial occupier
10A £480pcm - Commercial occupier
10B £480pcm - Commercial occupier
10C £550pcm - Periodic assured shorthold tenancy
10D £550pcm - Periodic assured shorthold tenancy

Total £2,590pcm / £31,080pa

Available Freehold, subject to and with the benefit of the current occupation. Copies the occupational information is available following a viewing at the discretion of the Vendor.

Great Investment Opportunity

3 x Commercial Retail Units
2 x Residential flats

8% Gross Yield

All Occupied

Close to Clarks Village - Outlet Shopping