Property Description
This prominent end of terrace, three storey building, is configured to provide three retail units on the ground floor (11 A-B have been combined into one single unit) with two apartments on the upper floors. The apartments benefit from independent access from the rear of the property. Flat 1 - First floor apartment configured to provide 3 bedrooms, living room, kitchen and bathroom and separate toilet room let on a Assured shorthold tenancy (AST) at a rent of £ 7, 560 per annum. Flat 2 - 2nd floor apartment configured to provide 3 bedrooms, living room, kitchen and bathroom and separate toilet room let on a Assured shorthold tenancy (AST) at a rent of £ 7, 560 per annum. 11 North Cross Street - Ground floor retail unit currently let on a 5 year lease, full repairing and insuring, at a rent of £4,500 plus VAT per annum. Unit 11 A / B north Cross Street - Ground floor retail unit currently let on a 5 year lease, full repairing and insuring, at a rent of £10,500 plus VAT per annum. Total income: £30,120 plus VAT per annum. Awaiting EPC.
Specification and floor areas
- Net Internal Floor Area
Measurement | imperial | metric |
---|---|---|
Ground Floor | 1,385 sq.ft | 129 sq.m |
Total Floor Area | 1,385 sq.ft | 129 sq.m |
Financials
For sale: (subject to contract)
- Price £350,000 equating to £253 psf