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Property details
Map & nearby

Investment

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Commercial property for sale

Property features

Investment Portfolio
Retail, Residential and Land
Guide price offers in excess of £300,000.

Property description

An investment portfolio comprising a ground floor retail premises, residential first floor flat and building plot to the rear, with planning consent.

The retail is let by way of a 10 year lease from 2022 to Keech Hospice expiring in 2032, subject to a break at the fifth year 2027, at a rental of £15,000 per annum exclusive. The residential flat has been sold on a 125 year long leasehold, with 100 years remaining at a ground rent of £200 per annum, and a licence for a parking space at £120 per annum. The land to the rear comprises 2 building plots and has planning consent for residential (Please note the planning consent includes neighbouring land owned by another party and rights of way to be granted from Union Street to building plots).

Property info

Current Brochure

Transport Schools Healthcare Food stores Restaurants/bars Sports/health clubs Parks/recreation

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Stimpsons Eves, and do not constitute property particulars. Please contact Stimpsons Eves for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.