About this property

The property is a mid-terrace Victorian built three floor building comprising a ground floor shop unit with two residential flats above.Ground floor retail shop let on a 12-year lease from 5^th May 2011 which expired May 2023 currently holding over with allocated car parking space. 1^st floor flat is a 3-bedroom which is presently vacant.2^nd floor flat has been sold on a long lease 189 years from December 1987 (154 years unexpired) at peppercorn rent.

Freehold Investment for Sale
The property is a mid-terrace Victorian built three floor building comprising a ground floor shop unit with two residential flats above.
Ground floor retail shop let on a 12-year lease from 5th May 2011 which expired May 2023 currently holding over with allocated car parking space.
1st floor flat is a 3-bedroom which is presently vacant.
2nd floor flat has been sold on a long lease 189 years from December 1987 (154 years unexpired) at peppercorn rent.

The ground floor retail is presently producing £19,000 per annum with potential to negotiate a new rent and lease, any user within Class E planning regulation introduced 1st September 2020

MEASUREMENTS: Ground Floor 785 Sq.ft
1st Floor 840. Sq.ft
2nd Floor 840. Sq.ft

Total Area: 2,465 Sq.ft