House For Sale £215,000
Ongoing investment opportunity!
A stone semi-detached property which is being sold as an ongoing investment opportunity and comprises A two bedroom first floor duplex apartment and A ground floor café currently run as “tottington food bar”. The property is well maintained and both the shop and the apartment have independent access.
tottington is A highly regarded and sought-after suburb having an array of facilities and also being easily accessible to bury town centre. An early viewing is highly recommended.
Notable Information
Tenure – Long Leasehold
Lease Length – 999 years from 1894
Ground Rent - £3.70 per annum
Lease Length on Shop – Rolling monthly contract
Rental Income from Shop - £670 per calendar month (to be verified)
Lease Length on Apartment – Currently being advertised for new tenant
Rent on Apartment - £575 per calendar month
Total Annual Income - £14,940 per annum
Gross Yield at Asking Price – 6.9% Gross Yield
Shop
The ground floor shop consists of a shop floor area with door and window facing Bury Road, serving counter and a waiting area. Behind the main counter there is a preparation area, commercial kitchen and a WC for staff use.
The first-floor apartment is accessed via an independent UPVC door leading to the vestibule and staircase to the first floor where doors lead to the Living/Dining/Kitchen, bedroom 2 and bathroom and a further staircase rises to the second floor.
Living/Dining/Kitchen
An open plan space with window to the front. Range of wall & base units incorporating cupboards & drawers with work surfaces over and tiled splash back. There is an integrated four ring gas hob with extractor canopy over, single oven and fridge/freezer and space & plumbing for washing machine. There is laminate flooring to the kitchen, carpet fitted to the living room and recessed ceiling spotlights.
Bedroom Two
A double bedroom with window to the rear.
Bathroom
Fitted with a modern suite of low-level WC, pedestal wash hand basin and bath with shower over. There are part tiled walls, tiled floor, recessed ceiling spotlights and heated towel rail.
A door at the bottom of the staircase leads to the:
Main Bedroom
A significant feature of the property is the main bedroom with a vaulted ceiling, recessed ceiling spotlights, under eaves storage and two Velux roof lights with blinds fitted.
Externally
Externally to the side there is an area to park however this is not deeded to the property.
Important note:
We endeavour to make our particulars an accurate and reliable reflection of the property. They do not however constitute or form part of an offer or any contract and are not to be relied upon as statements of representation or fact. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.
Commercial Property
Shop Retail Area (12' 2'' x 13' 9'' (3.7m x 4.2m))
Preparation Area (13' 1'' x 14' 5'' (4m x 4.4m))
Kitchen (11' 10'' x 4' 3'' (3.6m x 1.3m))
WC (6' 7'' x 2' 4'' (2m x .7m))
Duplex Apartment
Living/Dining/Kitchen (12' 6'' x 14' 1'' (3.8m x 4.3m))
Bedroom 2 (10' 6'' x 7' 7'' (3.2m x 2.3m))
Bathroom (4' 11'' x 7' 10'' (1.5m x 2.4m))
Bedroom One (18' 8'' x 13' 5'' (5.7m x 4.1m))
A stone semi-detached property which is being sold as an ongoing investment opportunity and comprises A two bedroom first floor duplex apartment and A ground floor café currently run as “tottington food bar”. The property is well maintained and both the shop and the apartment have independent access.
tottington is A highly regarded and sought-after suburb having an array of facilities and also being easily accessible to bury town centre. An early viewing is highly recommended.
Notable Information
Tenure – Long Leasehold
Lease Length – 999 years from 1894
Ground Rent - £3.70 per annum
Lease Length on Shop – Rolling monthly contract
Rental Income from Shop - £670 per calendar month (to be verified)
Lease Length on Apartment – Currently being advertised for new tenant
Rent on Apartment - £575 per calendar month
Total Annual Income - £14,940 per annum
Gross Yield at Asking Price – 6.9% Gross Yield
Shop
The ground floor shop consists of a shop floor area with door and window facing Bury Road, serving counter and a waiting area. Behind the main counter there is a preparation area, commercial kitchen and a WC for staff use.
The first-floor apartment is accessed via an independent UPVC door leading to the vestibule and staircase to the first floor where doors lead to the Living/Dining/Kitchen, bedroom 2 and bathroom and a further staircase rises to the second floor.
Living/Dining/Kitchen
An open plan space with window to the front. Range of wall & base units incorporating cupboards & drawers with work surfaces over and tiled splash back. There is an integrated four ring gas hob with extractor canopy over, single oven and fridge/freezer and space & plumbing for washing machine. There is laminate flooring to the kitchen, carpet fitted to the living room and recessed ceiling spotlights.
Bedroom Two
A double bedroom with window to the rear.
Bathroom
Fitted with a modern suite of low-level WC, pedestal wash hand basin and bath with shower over. There are part tiled walls, tiled floor, recessed ceiling spotlights and heated towel rail.
A door at the bottom of the staircase leads to the:
Main Bedroom
A significant feature of the property is the main bedroom with a vaulted ceiling, recessed ceiling spotlights, under eaves storage and two Velux roof lights with blinds fitted.
Externally
Externally to the side there is an area to park however this is not deeded to the property.
Important note:
We endeavour to make our particulars an accurate and reliable reflection of the property. They do not however constitute or form part of an offer or any contract and are not to be relied upon as statements of representation or fact. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.
Commercial Property
Shop Retail Area (12' 2'' x 13' 9'' (3.7m x 4.2m))
Preparation Area (13' 1'' x 14' 5'' (4m x 4.4m))
Kitchen (11' 10'' x 4' 3'' (3.6m x 1.3m))
WC (6' 7'' x 2' 4'' (2m x .7m))
Duplex Apartment
Living/Dining/Kitchen (12' 6'' x 14' 1'' (3.8m x 4.3m))
Bedroom 2 (10' 6'' x 7' 7'' (3.2m x 2.3m))
Bathroom (4' 11'' x 7' 10'' (1.5m x 2.4m))
Bedroom One (18' 8'' x 13' 5'' (5.7m x 4.1m))
