Studio Flat For Sale, High Street, Tean ST10

Description

Detailed Description

* Grade II Listed Building with two retail units and three high quality residential lets
* Very well-maintained building and internal presentation throughout
* Fully double glazed, gas central heating to all units, LED lighting to all residential units
* Private car park for 8 to 10 vehicles
* Fantastic central high-street position within busy retail parade in lovely semi-rural village
* Residential apartments with incomes of £495 per month each, on AST agreements
* Semi-detached house generates an income of £495 pcm on an AST agreement
* Both shop units generate an income of £500 pcm each - reviews due later in 2021
* Total annual income of £30,180 with potential to increase later in 2021

retail unit 1: Village bakery, Currently in occupation for 17 years on a rolling lease paying £6,000 pa.

Retail unit 2: Finance/twilight, This unit is occupied on a 5 year lease from September 2017 paying £6,000 per annum.

33A high street: Total floor area (approx) 500 sqft (45.75 sm), Comprises a beautiful duplex aparment with lounge, high quality fitted kitchen, two double bedrooms, modern family bathroom.

Access from communal, secure staircase via the rear carpark area of the property.

33 high street: Total floor area (approx) 500 sqft (47.75 sm), A second well presented duplex apartment, with lounge, high quality fitted kitchen, two bedrooms with fitted wardrobes, lovely family bathroom.

Accessed via the rear secure entrance, into communcal staircase shared with 33a High Street as part of this demise.

Semi-detached house: Spacious, well presented semi-detached cottage-style property with entrance hall, lounge, kitchen, two bedrooms and luxury family bathroom.

Private car park: Parking for up to 8 vehicles in current arrangment. Excellent facility for residents and on-site businesses.

VAT: There is no VAT applicable.

Planning: We recommend that potential occupiers make their own enquires to the local authority in order to satisfy themselves that their proposed use is authorised in planning terms.

Proof pf id: To comply with money laundering regulations (mlr) on acceptance of an offer for purchase or letting, the buyer or prospective tenant will be required to provide information on their identification to Dale & Colllins Estate Agents.

Rating: The voa website advises the rateable value for 2019/2020 is to be confirmed. The standard non-domestic business rates multiplier is 50.4p. The small business multiplier is 49.1p up to a rateable value of £51,000. The Small Business Rate Relief will increase to 100% for businesses with a rateable value of up to £12,000 and tapered relief for rateable values between £12,000 and £15,000.

We recommend that interested parties make their own enquires into the business rates payable and any further business rate relief which may be available at the current time (June 2020).

Viewing: Strictly by appointment only, via Dale & Collins Estate Agents .
Opening hours are 9am to 5.30pm Monday to Friday and 9am to 12pm on Saturdays.

Important information: As the Seller's Agent, we are not Surveyors or Conveyancing experts and as such we cannot and do not comment upon the condition of the property or other issues relating to title or other legal issues that may affect this property, unless we have been made aware of such matters. Interested parties should employ their own professionals to make such enquiries before making any transactional decisions. We have not carried out a full structural survey and the services, appliances and specific fittings have not been tested. All photographs, measurements, floor plans and distances referred to are given as a guide only and should not be relied upon for the purchase of carpets or any other fixtures or fittings. Lease details, service charges and ground rent (where applicable) and council tax, are given as a guide only and should be checked and confirmed by your solicitor prior to exchange of contracts. The copyright of all details, photographs and floorplans remain the possession of Dale & Collins.

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Studio Flat For Sale £450,000 High Street, Tean ST10

Studio Flat For Sale £450,000
High Street, Tean ST10