House For Sale £350,000
Large mixed use building offering a superb investment opportunity yielding approx. £28,000 pa. Bussiness unaffected. Cash buyers only
Description
Large mixed use building offering a superb investment opportunity yielding approx. £28,000 pa. Presented in good order, the ground floor is leased to a well reputed village stores on a rolling lease. Above the shop on the first floor are two bedsits and a two bedroom flat. On the second floor is a further one bedroom flat with all accommodation being let on assured shorthold tenancy contracts. To the rear of the property is a large garden area and further storage for the shop on the ground floor. A readymade investment property being sold with immediate income available.
Accommodation
stratton stores
The ground floor of the premises is occupied by a Convenience Store let on a rolling five year lease at a current passing rental of £6,000 per annum. Double fronted with windows and door to the front leading into the main commercial area. To the rear of the property is the Store with fire exit, Kitchenette area and cloakroom and further to the rear store area.
First floor
All of the bedsits and flats are let on Assured Shorthold Tenancies with separate electricity meters and including gas central heating and water rates.
Flat 1
Open plan lounge/kitchen/diner, one double and one single bedroom and shower room currently let at £600 per calendar month.
Flat 2
Large open plan room with kitchenette and shower room let at £400 per month.
Flat 3
Open plan room with kitchenette and shower room let at £360 per month.
Second floor
Flat 4
Good size top floor flat with separate kitchen and lounge, double bedroom and let at £500 per month.
Outside
The property is roadside and has a covered walkway with storage space to the side and steps giving access to the flats above.
There is a rear private enclosed garden area chiefly laid to lawn and benefiting a covered seating area with gravel base. Excellent size garden offering further potential.
Floor plans (See additional sheet)
The floor plans displayed are not to scale and are for identification purposes only.
Services
Mains water, gas, electricity and drainage.
Council tax band
Various.
Energy efficiency rating
Each unit has a separate EPC rating from C to D
Directions
As you enter Stratton take the turning beside the Kings Arms pub along the main road and proceed up the hill. Turn up the hill again and 1 Lords court can be found on the left hand side.
Viewings
Please call us to make an appointment on . Full details of this and every property are available on our website .
Important notice
Kivells, their clients and any joint agents give notice that:
1. They are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise. They assume no responsibility for any statement that may be made in these particulars. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact.
2. Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. It should not be assumed that the property has all necessary planning, building regulation or other consents and Kivells have not tested any services, equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise.<br /><br />
Description
Large mixed use building offering a superb investment opportunity yielding approx. £28,000 pa. Presented in good order, the ground floor is leased to a well reputed village stores on a rolling lease. Above the shop on the first floor are two bedsits and a two bedroom flat. On the second floor is a further one bedroom flat with all accommodation being let on assured shorthold tenancy contracts. To the rear of the property is a large garden area and further storage for the shop on the ground floor. A readymade investment property being sold with immediate income available.
Accommodation
stratton stores
The ground floor of the premises is occupied by a Convenience Store let on a rolling five year lease at a current passing rental of £6,000 per annum. Double fronted with windows and door to the front leading into the main commercial area. To the rear of the property is the Store with fire exit, Kitchenette area and cloakroom and further to the rear store area.
First floor
All of the bedsits and flats are let on Assured Shorthold Tenancies with separate electricity meters and including gas central heating and water rates.
Flat 1
Open plan lounge/kitchen/diner, one double and one single bedroom and shower room currently let at £600 per calendar month.
Flat 2
Large open plan room with kitchenette and shower room let at £400 per month.
Flat 3
Open plan room with kitchenette and shower room let at £360 per month.
Second floor
Flat 4
Good size top floor flat with separate kitchen and lounge, double bedroom and let at £500 per month.
Outside
The property is roadside and has a covered walkway with storage space to the side and steps giving access to the flats above.
There is a rear private enclosed garden area chiefly laid to lawn and benefiting a covered seating area with gravel base. Excellent size garden offering further potential.
Floor plans (See additional sheet)
The floor plans displayed are not to scale and are for identification purposes only.
Services
Mains water, gas, electricity and drainage.
Council tax band
Various.
Energy efficiency rating
Each unit has a separate EPC rating from C to D
Directions
As you enter Stratton take the turning beside the Kings Arms pub along the main road and proceed up the hill. Turn up the hill again and 1 Lords court can be found on the left hand side.
Viewings
Please call us to make an appointment on . Full details of this and every property are available on our website .
Important notice
Kivells, their clients and any joint agents give notice that:
1. They are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise. They assume no responsibility for any statement that may be made in these particulars. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact.
2. Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. It should not be assumed that the property has all necessary planning, building regulation or other consents and Kivells have not tested any services, equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise.<br /><br />
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