A mixed use investment property arranged as a recently refurbished ground floor cafe/lounge with a 3 bedroom maisonette above. The cafe is let at £16,200pa and the maisonette is offered for sale with vacant possession although we consider the market rent to lie in the region of £1,300-£1,400pcm. In addition, there are two lock up garages to the rear which are let at £50pcm each.
The property therefore offers the potential to produce a total annual rent in the region of £34,200pa.
DESCRIPTION -
A mixed use investment property arranged as a recently refurbished ground floor cafe/lounge with a 3 bedroom maisonette above. The cafe is let at £16,200pa and the maisonette is offered for sale with vacant possession although we consider the market rent to lie in the region of £1,300-£1,400pcm. In addition, there are two lock up garages to the rear which are let at £50pcm each.
The property therefore offers the potential to produce a total annual rent in the region of £34,200pa.
LOCATION -
Situated in Shirehampton High Street benefiting street parking immediately in front of the property, located in a mixed parade, opposite The Co-Operative supermarket.
FLOOR PLAN -
The floor plan is provided for indicative purpose only and should not be relied on.
TENANCY DETAILS -
SHOP -
The ground floor is let at £16,200pa on a 21 year term from January 2007, year term with 3 yearly rent views.
MAISONETTE -
The maisonette is offered for sale with vacant possession although we consider the market rent to lie in the region of £1300-£1400pcm.
GARAGES -
There are two single lock up garages located to the rear of the shop which are let at £50pcm each.
ENERGY PERFORMANCE CERTIFICATE -
EPC Ratings:
Ground Floor Shop - D (expires June 2029)
Maisonette - E
VAT -
All figures quoted are exclusive of vat unless otherwise stated.
VIEWINGS -
Strictly by Appointment with Maggs and Allen
CONTROL OF ASBESTOS -
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.
