A FREEHOLD INVESTMENT with a documented yield of 7%. The two one bedroom flats above which are currently let on ASTs, generate £1,950 per month. The shop, which has recently been refurbished, is currently let at £12,000 per year, making the property ideal for an investor or an owner occupier. It is worth noting that the shop has also been granted an A3 licence.
Details
Income
The Shop is currently let at £12,000 per year.
The First Floor Flat is currently let at £1,000 per month.
The Second Floor Flat is contracted to be let from the end of January 2020 at £950 per month.
There is potential to extend and add a studio or a one bedroom flat at the rear ground floor of the property, thereby significantly increasing the rental income and the yield....
Listed Features
- Refurbished
- Multiple floors
