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Mixed use investment property - 15% gross yield
A mixed use investment property producing an income of £10,400 per annum, a gross yield of 15% at the guide price. It occupies a prominent position in the town and comprises a ground floor shop unit and upper floor flat.
Tenure
See Legal Pack
What3words location ///number.darker.young
Ground Floor
Shop - 33'6 x 9'9 Rear Store - 10' x 8'6 WC Store - 8'6 x 6'
First Floor
Front Sitting Room - 17'6 x 14'3 Kitchen - 15'3 x 8'3 Bathroom - 14'9 x 8'6
Second Floor
Front Bedroom - 14'3 x 10'6 + recess Rear Bedroom - 15'6 x 8'3
Outside
Rear yard
Tenancies - see legal pack
Shop let at £100 per week = £5,200 per annum Upper Flat let at £100 per week = £5,200 per annum
Services
Interested parties are invited to make their own enquiries to the relevant authorities as to the availability of the services.
Additional Fees
Administration Charge - £1200 inc VAT payable on exchange of contracts.
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.