***FOUR-STOREY MIXED USE INVESTMENT***
Opportunity to purchase a substantial terraced investment in the heart of Stapleton Road. The property consist of a ground floor and basement takeaway with two self contained flats to the upper floors, currently fully let producing �25,800 per annum with scope to increase. Early enquiries recommended.
Description - Four storey mixed use investment property currently producing �25,800 per annum with scope to increase. The property comprises a ground floor takeaway with 2 x 1 bed flats to the upper floors. Offers a great investment purchase in a busy trading position in Easton.
Location - Situated in a busy position on Stapleton Road in Easton near the junction with Easton Way. Notable nearby occupiers include Subway as well as various local retailers and eateries.
Tenure - Freehold.
Tenancy Details - Takeaway:
Let on a 15 year Full Repairing and Insuring lease from August 2011 at �12,600 per annum
Let at �600 per calender month on the remainder of a 12 month AST.
Currently let at �500 per calender month on the remainder of a 12 month AST.
Business Rates/Council Tax - The rateable value for the commercial element is �6,300 which is the responsibility of the tenant. The flats are both rated as band A.
Energy Performance Certificate - Takeaway: D
Floor Plan - The floor plan is provided for indicative purposes only and should not be relied on.
Control Of Asbestos Regulations - As per the Control of Asbestos Regulations 2012, the owner or tenant of the property, or anyone else who has control over it and/or responsibility for maintaining it, must comply with the regulations which may include the detection of and/or management of any asbestos or asbestos related compounds contained at the property. Maggs & Allen has not tested or inspected for Asbestos and therefore recommend all interested parties to make their own enquiries.
Vat - All figures quoted are exclusive of VAT unless otherwise stated.
Viewing - Strictly by appointment with Maggs & Allen.
Maggs & Allen use all reasonable endeavors to supply accurate property information in line with the Consumer Protection from Unfair Trading Regulations 2008. These property details do not constitute any part of the offer or contract and all measurements are approximate.
It should not be assumed that this property has all the necessary Planning, Building Regulation or other consents. Any services, appliances and heating system(s) listed have not been checked or tested. Please note that in some instances the photographs may have been taken using a wide angle lens.
Any site and floor plans provided are for indicative purposes only and should not be relied upon.