Other
MIXED COMEMRCIAL AND RESIDENTIAL INVESTMENT PROPERTYY comprising let shop and six bed-sits - part let, part vacant - in popular established residential area.
The auctioneers have not inspected the property but understand it to contain -
ACCOMMODATION :
Ground Floor :
Corner retail sales shop. Separately accessed residential accommodation with two ground floor bed-sits, communal kitchen and conservatory.
First Floor :
Four bed-sits, bathroom.
Outside :
Rear garden.
Tenancy Details :
The shop is let on a 7 year lease commencing June 2009 at a reserved rent of £2,592 per annum. Two bed-sits currently let on assured shorthold agreements producing a combined reserved rent of £588 pcm (£7,056 per annum).
Anticipated full yield in excess of £22,000 per annum.
TENURE :
Freehold
PART LET; PART VACANT.
VIEWING ARRANGEMENTS
By arrangement with the Auctioneers - 01332-242880
GUIDE PRICE
£145,000+
For Sale By Auction: Thursday 3rd December 2009
At Pride Park Stadium, Derby
Commencing at 11.30 am
Let retail shop
Six bedsits- part let, part vacant
Popular area
