Property description

A RESIDENTIAL AND COMMERCIAL PROPERTY PROMINENTLY POSITIONED ON THE BUSY SOUTH ROAD AT WALKLEY. THE GROUND FLOOR PREMISES IS A SINGLE SHOP. THE FURTHER TWO FLOORS ARE RESIDENTIAL, HAVING A RECENTLY REFURBISHED ONE BEDROOM FLAT WITH GAS CENTRAL HEATING AND DOUBLE GLAZING. THE ACCOMMODATION ON THE FIRST FLOOR HAS ENTRANCE HALL, LOUNGE/DINER, FITTED MODERN KITCHEN AND BATHROOM. SECOND FLOOR HAVING A FURTHER DOUBLE BEDROOM. THE BUSINESS IS UNAFFECTED AND IS LET ON A FIVE YEAR TERM FROM MARCH 2015 WITH AN ANNUAL INCOME OF £6,500. THE FLAT IS LET ON AN ASSURED SHORT HOLD TENANCY AT £5700 PER ANNUM. FURNITURE AND WHITE GOODS INCLUDED. ACHIEVING 9% YIELD.
272 SOUTH ROAD COMMERCIAL PREMISES
Overall 9.07m (29' 9") x 3.71m (12' 2") narrowing to 2.72m (8' 11") at the rear
The ground floor is currently leased on a term of five years from 25th March 2015 at an annual rent of £6,500 for the first three years and £7,000 for the remaining two years. Lease available on request.
The shop unit has electric heating, having a rear store and kitchen area with rear external door.
Cellar, which houses the electric meter and consumer unit and is currently used for storage.


272A SOUTH ROAD FIRST FLOOR FLAT


REAR ENTRANCE
The wooden entrance door opens to a staircase which rises to the first floor.


ENTRANCE LOBBY
A square entrance lobby which gives access to all rooms having walk in under stairs storage cupboard.


LIVING ROOM
4.37m (14' 4") x 4.09m (13' 5")
A well presented reception room having a front facing Upvc double glazed window, Attractive cast fire surround to chimney breast for decorative purpose only. Central heating radiator.


KITCHEN
3.05m (10' 0") x 2.39m (7' 10")
A modern fitted kitchen having a range of wall and base units in Beech effect wood with chrome handles, roll top worksurfaces incorporating the stainless steel sink and mixer tap. Space and plumbing for electric cooker, washing machine and under counter fridge. Wall mounted boiler. Tiled splashbacks, Upvc double glazed window and central heating radiator. White goods included.


BATHROOM
Part tiled bathroom having a white suite comprising of panelled bath with shower over and glass shower screen, pedestal wash basin and low flush WC. Rear facing Upvc double glazed window. Central heating radiator.


SECOND FLOOR


BEDROOM
4.70m (15' 5") x 4.34m (14' 3")
A spacious double bedroom having rear facing Velux style window and central heating radiator.


OUTSIDE
Outside is a rear garden which is mainly laid to lawn with a brick built store having a wc.


GENERAL REMARKS


FIXTURES AND FITTINGS
The furniture and white goods currently in the flat are included in the sale.


MORTGAGE FACILITIES
We should be pleased to advise you in obtaining the best type of Mortgage to suit your individual requirements.
YOUR HOME IS AT RISK IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR OTHER LOANS SECURED ON IT.

Property Features :

• INVESTMENT PROPERTY
• PROMINENT LOCATION
• RECENTLY REFURBISHED RESIDENTIAL ACCOMMODATION
• COMMERCIAL SINGLE UNIT SHOP
• SHOP LET ON 5 YEAR TERM AT £6500pa
• FLAT LET AT £5,700pa ON AN AST
• RESIDENTIAL EPC RATING F
• COMMERCIAL EPC RATING D