Property description
*** NO ONWARD CHAIN *** CmRENT & SALES are delighted to offer for sale this FREEHOLD COMMERCIAL PROPERTY. The freehold investment comprises of Three bed-sits, a Two bedroom flat, One bedroom flat & a commercial shop. This is a fantastic opportunity that could create a great investment income currently achieving an income between £50,000 - £60,000 per annum.
Bedsit No1 | 13\‘9\" x 13\‘ (4.2m x 3.96m). Total yearly rent that currently achieving - £6,240.00 pa (£120.00 p/w) Bedist includes own kitchen area, access to shared bathroom with shower and use of the communal garden area
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Bedsit No2 | 12\‘3\" x 9\‘10\" (3.73m x 3m). Total yearly rent that currently achieving - £4,940.00 pa (£95.00 p/w) Bedist includes own kitchen area, access to shared bathroom with shower and use of the communal garden area
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Bedsit No3 | 11\‘9\" X 10\‘11\" (3.58m X 3.33m). Total yearly rent that currently achieving- £4,940.00 pa (£95.00 p/w) Bedist includes own kitchen area, access to shared bathroom with shower and use of the communal garden area
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1 Bedroom Flat | Total yearly rent that currently achieving- £7,080.00 pa (£590.00 p/m) Bedroom 4.67m (15`4\") x 1.93m (6`4\") Lounge3.33m(10`11\") x 2.62m (10`11\") Kitchen 3.38m (11`1\") x 2.62m (8`7\") Shower room 1.68m( 5`6\") z 89m (2`11\") Separate W.C. and wash basin & access to Communal Garden
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2 Bedroom Flat | This Property is accessed via its own private front door and is located above the resturant also offering loft access. Total yearly rent that currently achieving- £8,280.00 pa (£690.00 p/m)
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Akhash Indian Restaurant | 7 years remaining on lease - Total yearly rent that currently achieving- £24,000.00 pa
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Loft Space | The loft space above both can be converted into further accommodation Subject to planning creating additional rental income of approximately - £10,000 - £15,000 per annum.
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Total annual rent for property | £55,480.00
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