Tenure: Freehold
APPROX 8% YIELD
THIS COMBINED COMMERCIAL PROPERTY AND RESIDENTIAL APARTMENT ARE BOTH CURRENTLY TENANTED AND GENERATES AN INCOME OF £802 PER MONTH!
This combined commercial unit and two-bedroom duplex apartment is conveniently located near a railway station, motorway link and a comprehensive range of local amenities. Two leases, one title on the deeds.
The commercial unit is currently rented out by an upholsterer / vehicle trimmer, the established business has been trading for over 20 years. The business has a proven track record of over 4 years trading from this commercial unit. It has front and rear access, with parking to the rear, having front work shop with door and shutters to the window, rear workshop and kitchen, WC and large storage cupboard.
The apartment is above the commercial unit, has ample off-street parking, the apartment is accessed via the rear of the building, with steps leading up to the entrance. The apartment is over two floors and has a modern kitchen, bathroom, lovely lounge/diner facing the front. There are stairs to the second floor giving access to two double bedrooms.
This is a great opportunity and is set to rise in value!
EPC Ratings: Commercial unit - D, Apartment - C
EPC rating: C. Council tax band: A, Tenure: Freehold,
Disclaimer These details are intended to give a fair description only and their accuracy cannot be guaranteed nor are any floor plans (if included) exactly to scale. These details do not constitute part of any offer or contract and are not to be relied upon as statements of representation or fact. Intended purchasers are advised to recheck all measurements before committing to any expense and to verify the legal title of the property from their legal representative. Any contents shown in the images contained within these particulars will not be included in the sale unless otherwise stated or following individual negotiations with the vendor. Northwood have not tested any apparatus, equipment, fixtures or services so cannot confirm that they are in working order and the property is sold on this basis.
Should you wish to make an offer on this property we will complete mandatory Anti Money Laundering (AML) checks on behalf of HMRC. We outsource this process to our partners, Coadjute. Coadjute charge a fee for this service.