Commercial Development
Draft details - Awaiting approval
The property is situated on the corner of South Street and George Street in an established residential area, with some commercial concerns. The shop offers spacious accommodation but may have scope for conversion to residential accommodation subject to planning consent. The six bed-sitting rooms (plus a store room) are currently let on assured shorthold agreements at a reserved rent of £18,720 per annum combined (including council tax and utilities). Shop unit is let at £85 per week (£4,420 p.a.) Total income £23,140 p.a.
In more detail the accommodation is as follows –
With display windows to both frontages and corner door (419 square feet or 38.9 square metres).
(95 square feet or 8.8 square metres & 56 square feet or 5.2 square metres).
(152 square feet or 14.1 square metres).
Accessed from South Street.
(187 square feet or 17.4 square metres)
(90 square feet or 8.4 square metres) With usual range of fittings
Accessed by stairway.
Rear yard with large garage and parking for four to five cars. Small garden. Access is off George Street at side.
The main road through Riddings is known as Greenhill Lane. Proceeding southwards, pass Greenhill Industrial Estate on the right hand side, take the next left hand turn into South Street and the property is on the left hand side on the corner of George Street.
Freehold. Subject to tenancies.
Freehold. Subject to tenancy.
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