Commercial Property
False
The property is located within a parade of similar local shops in Tame Road just off Brookvale Road, Witton. The area is predominantly residential, mixed with commercial uses and is considered to have an excellent immediate catchment area for its existing use.
The property comprises a well presented modernised two storey mid terrace of brick construction with an artificial slate roof.
The property is configured to provide a ground floor retail unit currently used as an Off Licence and General Store with storage to the rear and WC. The property has recently been refurbished and includes roller shutter security grills to the front and rear, alarm and CCTV.
On the first floor there is a self contained flat comprising two bedrooms, lounge, kitchen and shower room having gas fired central heating and UPVC double glazed windows. Outside there is an enclosed rear yard and rear surfaced car parking area.
A Freehold Mixed Use Part Vacant, Part Investment Property
Current Rental Income: £6,000 pa
Estimated Full Rental Value: £15,000 pa
We understand that the property is Freehold.
The first floor living accommodation is let by way of an Assured Shorthold Tenancy at a current rent of £500 per calendar month (£6,000 per annum).
The ground floor is currently owner occupied and will be available with vacant possession upon completion.
We understand that VAT will not be chargeable upon this transaction.
Strictly by arrangement with the Auctioneers.
