Property description

****INVESTMENT OPPORTUNITY COMPRISING LARGE PERIOD SEMI DETACHED FAMILY HOME ON PRINCES ROAD AND THREE COMMERCIAL UNITS - PLANS DRAWN UP FOR 30 NEW BUILD APARTMENTS - SUBJECT TO PLANNING PERMISISON****Energy Rating - To be confirmed

13 Princes Road, Ansdell

6 month AST agreement from 18-2-14 (2 months notice period), rent currently £750 pcm

Unit 1 The Garage, Kingsway, Ansdell

Ground Floor: 276.48 SQ M & car parking spaces3 Year lease dated 18th January 2015, expiring 17th January 2018.Excluded from Sections 24- 28 of the LTA 1954. Landlord and Tenant option to determine with 6 months notice in writing.Rent passing £16,800 per annum exclusive

Unit 2 The Garage, Kingsway, Ansdell

Ground Floor (Tyre Bay) 95.78 SQ M3 Year lease dated 29th June 2012, expiring on the 30th June 2015.Excluded from Sections 24- 28 of the LTA 1954. Landlord and Tenant option to determine with 6 months notice in writing.Rent passing £5,200 per annum exclusive

The Basement. The Garage, Kingsway, Ansdell

Lower Ground Floor: 349.74 SQ M3 Year lease dated 24th February 2015 expiring on the 28th of February 2018.Excluded from Sections 24- 28 of the LTA 1954. Landlord and tenant option to determine with 6 months notice in writing.The rent passing is £5,100 pa exc.

Planning

Vendor had plans drawn up to redevelop the whole site into 30 apartments (min 2/1 bedroom with associated parking)

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Property Features :

• INVESTMENT OPPORTUNITY
• COMPRISING LARGE PERIOD SEMI DETACHED FAMILY HOME
• PLANS DRAWN UP FOR 30 NEW BUILD APARTMENTS
• SUBJECT TO PLANNING PERMISISON - Energy Rating - T