A substantial investment comprising 7 residential units and 3 shops. 2 of the 3 shops are let as are 6 of the 7 residential units.
Once fully occupied we anticipate a total rental income in the region of £76,000pa.
Please refer to the floor plan for approximate measurements. The floor plan is provided for indicative purposes and should not be relied upon
The residential accommodation has recently been redecorated throughout benefitting from modern kitchens with integral ovens and hobs, and UPVC double glazing throughout.
Situated on Staple Hill High Street, the property backs on to Haynes Lane.
99 (Shop) - C
99a (Shop) -E
101 (Shop) - C
99G (One Bedroom House) - D
99H (One Bedroom House) - D
99D (Ground Floor Studio) - D
99C (First Floor Flat) - £675pcm - TBC
99B (First Floor Flat) - £675pcm - B
99F (Top Floor Flat) - £650pcm - D
99E (Top Floor Flat) - £650pcm - TBC
All figures quoted are exclusive of VAT unless otherwise stated.
Strictly by Appointment with Maggs and Allen
The residential units are let at the following rents (on 12 month Assured Shorthold Tenancy agreements):
99G (One Bedroom House) - £650pcm - Let from May 2019
99H (One Bedroom House) - £650pcm - Let from 15th May 2019
99D (Ground Floor Studio) - £500pcm let from 29th March
99C (First Floor Flat) - £675pcm let from 25th March 2019
99B (First Floor Flat) - £675pcm from 22nd March 2019
99F (Top Floor Flat) - £625pcm Let from May 2019
99E (Top Floor Flat) - £650pcm from 22nd March 2019
99 High Street (Shop) - Let at £6,900pa on a 2 year lease from March 2017 on effectively Internal Repairing Terms, subject to an annual rent review.
99a High Street (Shop) - Currently vacant.
101 High Street (Shop) - Let on a 10 year lease from September 2015 on effectively Internal Repairing Terms, at £7,800pa subject to 3 yearly rent reviews and break options.
As per the Control of Asbestos Regulations 2012, the owner or tenant of the property, or anyone else who has control over it and/or responsibility for maintaining it, must comply with the regulations which may include the detection of and/or management of any asbestos or asbestos related compounds contained at the property. Maggs & Allen has not tested or inspected for Asbestos and therefore recommend all interested parties to make their own enquiries.
Maggs & Allen use all reasonable endeavors to supply accurate property information in line with the Consumer Protection from Unfair Trading Regulations 2008. These property details do not constitute any part of the offer or contract and all measurements are approximate.
It should not be assumed that this property has all the necessary Planning, Building Regulation or other consents. Any services, appliances and heating system(s) listed have not been checked or tested. Please note that in some instances the photographs may have been taken using a wide angle lens.
Any site and floor plans provided are for indicative purposes only and should not be relied upon.