Commercial Property
A Freehold end terraced property which forms part of a block of shops and is currently used as JK Off Licence with a separate self-contained flat above.
Retail Shop, Store, WC/Kitchen.
Self-Contained Flat with Lounge, Kitchen and Bedroom.
Landing, Two Bedrooms and Bathroom.
The property has the benefit of double glazing and central heating.
We understand that the property is Freehold and being sold subject to the existing tenancies.
The retail shop premises is let on a 5 year licence from January 2016 at £650 per calendar month - £7,800 per annum.
The first floor flat is let on an Assured Shorthold Tenancy at £510 per calendar month - £6,120 per annum.
The total monthly income is £1,160 per calendar month with a total annual income of £13,920.
Prospective purchasers should note that the Auctioneers have not had the opportunity to inspect the property internally at the time of going to print and therefore the accommodation should not be relied upon.
Strictly by arrangement with the Auctioneers.
Freehold. Subject to tenancy.
