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INVESTMENT HIGHLIGHTS
- HIGH STREET LOCATION.
- 2 BEDROOM FLAT ABOVE.
- KITCHEN & WC FACILITIES.
- GARDEN AT THE REAR.
- INCOME PRODUCING.
EXECUTIVE SUMMARY
The property features a ground floor retail unit with side access to a garden and a separate entrance to the flat. Inside, the property includes a front retail area, a kitchen, and WC facilities. The current lease, which pays £15,000 per annum, expires in 2028. Additionally, there is a separate two-bedroom flat above, currently rented at £900 per month on a short-term agreement.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold/Long Leasehold
Property Subtype
Shopfront Retail / Residential
Property Size
692 sq ft
Costar Property Class
B
Year Built
1922
Price
£550,000
Price per sq ft
£794.80
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
2
Parking
1 Spaces (1.45 Spaces per 1,000 sq ft Leased)
Frontage
23 ft on High St
AMENITIES
- Dedicated Turn Lane
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NEARBY MAJOR RETAILERS
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31 High St
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