*** FOR SALE ***
All reasonable offers will be considered
A very rare opportunity to purchase a mixed use investment with various income streams.
The property comprises:
A three bedroom accommodation over first floor and second floor (dormer) producing a very healthy income: -
Length of tenancy = 12 months starting 01/09/2018 to 31/08/2019
Rent per month for current tenancy = £1042.73 Non Inclusive of bills (£79.99pppw) (£12,512.72pa)
Rent per month for next tenancy =£1303.44 Non Inclusive of bills (£99.99pppw) (£15,641.29pa)
Property is currently occupied until 31/08/2018 and the next tenancy begins 01/09/2018 for the year 18/19
Commercial Retail unit:-
The passing rent for the ground floor commercial element is £10,000 per annum with a rent review due November 2018
This property has development potential; following the trend of shop front extension in the area a successful application next door is likely to set the precedent for a similar extension.