Mixed use property comprising a ground floor retail unit of approximately 600 sq ft with a 3 bedroom maisonette above. Situated within a mixed parade of shops on Ridgeway Lane, Whitchurch in a predominantly residential location. To be sold freehold with tenants in occupation due to vacate in November 2022. The property would suit investors and owner occupiers alike.
Mixed use property comprising a ground floor retail unit of approximately 600 sq ft with a 3 bedroom self contained maisonette above. To the rear there is a large garden and garage. The property is to be sold with tenants in occupation but due to vacate in November 2022. We would anticipate the market rent for the shop to be in the region of £10,000pa and the maisonette circa £800pcm i.e an annual income of £19,600pa once fully let.
The property is situated within a mixed parade of shops on Ridgeway Lane, Whitchurch.
Understood to be freehold.
LEGAL COSTS -
Each party to incur their own respective legal fees.
ENERGY PERFORMANCE CERTIFICATE -
Shop EPC rating: TBC.
Maisonette EPC rating: D (expires January 2025)
FLOOR PLAN -
The floor plan is provided for indicative purposes and should not be relied upon.
BUSINESS RATES -
The approximate rateable value with effect from April 2017 as per the VOA website is £6,900.
We therefore expect all small businesses to benefit from full rate relief at this time. All interested parties are urged to confirm with the local authority.
By appointment with Maggs & Allen.
All figures quoted are exclusive of VAT unless otherwise stated.
CONTROL OF ASBESTOS REGULATIONS -
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.