Property description

A large period Grade II listed building, with investment potential or for owner-occupiers, very pleasantly situated in the conservation area of London Street, close to the Market Place and the centre of Faringdon with all its facilities and amenities.



On the ground floor, the building provides a commercial unit with A1 commercial usage, currently let as a hair and beauty salon, with residential accommodation over, both of which can be sold with vacant possession.



The salon has various staff rooms, offices and a kitchen area. The main part is very spacious and has a maximum depth of 54 ft with an average of 15 ft width. The ground floor gives access to a cellar, providing useful storage. The area of the ground floor shop premises is 1,367 sq ft.



The premises have the benefit of a separate and private entrance to the residential part of the accommodation, which opens to an impressive period staircase. This gives access to the first floor, with two large and well-proportioned reception rooms with attractive period features. There is a spacious kitchen/breakfast room and also a cloakroom on this floor.



The second floor gives access to the master bedroom and two further connecting bedrooms plus a family bathroom.



There is access from the first floor to a large roof terrace or garden which is fully enclosed and has access via a timber staircase to a lower courtyard, again of a good size.



The property has all mains services connected, with a gas central heating system to radiators. The shop is currently let at circa £11,000 per annum and the residential accommodation is currently £950 per calendar month, a total of circa £22,500 per annum, giving a yield of circa 6% per annum.