House For Sale £640,000
*investment opportunity!/ mixed use property for sale*
A superb investment property comprising of three units (two residential and one commercial). Selling with No onward chain, and it is available to purchase with the existing tenants. Situated on the highly popular and vibrant Chapel Lane, with a range of independent retailers. The building has been owned since 1985/6 and extended at the rear in more recent years, which created a fantastic split level property for the owner to live in. Gated parking at the rear for several vehicles. In further detail, all three units are on one title, and comprise as follows-
Front commercial unit (barber Shop), shop floor, staff room, WC, and a small kitchen area. Immaculate, and refurbished by the tenant in the last 3 years, currently let at £1100 pcm with a 2 year lease remaining. Above the shop is a 1 bed flat, occupied by the same tenant since 1995 and the current rent is @£550PCM (scope to refurbish and increase inline with the market price). The property is dated internally, it does have double glazing, and is accessed via it's own front door. To the rear, is a fantastic property arranged over two floors. Private entrance, home office/ reception room with bi-fold doors and Velux windows. Upstairs, there are two bedrooms (bed 2 currently fitted as a dressing room), kitchen, and a split level lounge/ dining area with a full height window and Juliette balcony. We estimate this property would let at £2000PCM. EPC -B
*Further information can be provided upon request* if you would like commercial mortgage advise, to purchase as A buy 2 let, please get in touch.
Important Note to Potential Purchasers & Tenants:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. Potential purchasers: Fixtures and fittings other than those mentioned are to be agreed with the seller. Potential tenants: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in every case.
WIL220473/8
A superb investment property comprising of three units (two residential and one commercial). Selling with No onward chain, and it is available to purchase with the existing tenants. Situated on the highly popular and vibrant Chapel Lane, with a range of independent retailers. The building has been owned since 1985/6 and extended at the rear in more recent years, which created a fantastic split level property for the owner to live in. Gated parking at the rear for several vehicles. In further detail, all three units are on one title, and comprise as follows-
Front commercial unit (barber Shop), shop floor, staff room, WC, and a small kitchen area. Immaculate, and refurbished by the tenant in the last 3 years, currently let at £1100 pcm with a 2 year lease remaining. Above the shop is a 1 bed flat, occupied by the same tenant since 1995 and the current rent is @£550PCM (scope to refurbish and increase inline with the market price). The property is dated internally, it does have double glazing, and is accessed via it's own front door. To the rear, is a fantastic property arranged over two floors. Private entrance, home office/ reception room with bi-fold doors and Velux windows. Upstairs, there are two bedrooms (bed 2 currently fitted as a dressing room), kitchen, and a split level lounge/ dining area with a full height window and Juliette balcony. We estimate this property would let at £2000PCM. EPC -B
*Further information can be provided upon request* if you would like commercial mortgage advise, to purchase as A buy 2 let, please get in touch.
Important Note to Potential Purchasers & Tenants:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. Potential purchasers: Fixtures and fittings other than those mentioned are to be agreed with the seller. Potential tenants: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in every case.
WIL220473/8
