Commercial Property
The Auctioneers have not been able to inspect the property internally and therefore the accommodation should not be relied upon.
A semi detached property comprising two self contained ground floor shops and the Freehold for the self contained first floor flat. Set back from the road on the corner with Carlton Avenue and Irene Avenue behind a green forecourt and footpath approach. There is vehicular access way to the rear of the property.
A Freehold Mixed Commercial & Residential Investment Property
Current Gross Income: £7,260 pa
Ground Floor
No. 133 -Operating currently as a Hairdressers currently holding over on a 1 year Lease from the 11th June 2012 at an annual rental of £3,000.
No. 135 - Currently operating as a DIY/Hardware Store subject to a 3 year Lease from the 17th January 2014 at an annual rental of £4,160
First Floor
Flat 115 - Currently held on a 125 year Lease from the 25th March 2006 subject to £100 a year Ground Rent.
We understand that the property is Freehold and is being sold subject to the existing tenancy.
The Vendor reseves the right to charge VAT.
[b]133 & 135 Irene Avenue[/b]
By courtesy of the Tenants in occupation.
