4 bedroom Property for sale in Church Street Monmouth NP25

Sale Price: £395,000

Church Street Monmouth, NP25 3BU

Property
4 Bed(s)
-- Bath(s)
Not Available Anymore

 Michael Skidmore Estate Agents, 10 Monnow Street, Monmouth, Monmouthshire, NP25 3EE
*When you call don't forget to mention Overstreet.co.uk

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Street Address

Church Street Monmouth, NP25 3BU

Property description

A RARE OPPORTUNITY TO ACQUIRE AN INVESTMENT CONSISTING OF A LEASEHOLD LOCK-UP SHOP (376 sq. ft.) WITH GROUND FLOOR ANCILLARY SALES AREA (213 sq. ft. approx.), PLUS STOREAGE (544 sq ft.) TOGETHER WITH THREE SELF CONTAINED FLATS WITH POTENTIAL FOR A FURTHER TWO ABOVE THE SHOP. GOOD INCOME TRACK RECORD.

Side Hallway
with side external door and stairs to Basement (blocked at present).

Retail Shop - 25' 9'' x 15' 5'' (7.85m x 4.7m)
divided approximately into two with a wide square archway and with a second street door there is flexiability of use

Rear Retail Area/Stock Room - 11' 4'' x 10' 6'' (3.45m x 3.2m)
plus several recesses. External window and radiator, access off to:

Second Stockroom - 10' 2'' x 7' 10'' (3.1m x 2.39m) Plus several recesses
Radiator

Ground Floor

First Floor

Hallway

Stock Room Entrance hall - 13' 7'' x 11' 11'' (4.14m x 3.63m) overall
with fluourescent lighting and access to the:

Front Framing Room - 13' 9'' x 13' 6'' (4.19m x 4.11m) max.
with various alcoves and doorway through to

Separate Cloakroom
with flush toilet and a wall mounted gas central heating boiler.

Hallway
which gives access to a built in cupboard containing fuse boxes with a fire escape door back onto the communal landing of the flats and to a former:

Rear StockRoom - 11' 8'' x 10' 7'' (3.56m x 3.23m) max
including alcoves with doorway through to:

StockRoom No. 2 - 11' 7'' x 10' 3'' (3.53m x 3.12m) 11'7 x 10'3 (L shaped - overall
with door to small hallway which leads back onto the communal landing of the flats

Private Lower Hall
Giving access to a former Cloakroom (at present disconnected)

Front Store Room/Office - 24' 6'' x 13' 2'' (7.47m x 4.01m)
and divided approximately into two with a wide archway with ample power and fluorescent light fitting. Secondary arch leads through small storage area, which in turn leads into:

Basement

Rear Office/Room - 22' 9'' x 10' 6'' (6.93m x 3.2m)
22'9 x 10'6 (plus numerous small recess). Again divided approximately into two with a wide archway and with ample power and fluorescent light fitting. In addition there is an external door leading to a flight of external stairs into White Swan Court, whilst a second door leads to an open refuse storage area.

Second Floor - Residential.
Communal Hallway with private stairs down to street level and access to 2 Flats and a third above

FLAT ONE
PRIVATE HALLWAY, WELL APPOINTED KITCHEN/DINER 12'2 x 10' (plus recess) BED/SITTING ROOM 13'4 x 12'7 overall, SHOWER ROOM Council Tax Band: B E.P.C. Band D56

FLAT TWO
PRIVATE ENTRANCE HALLWAY WELL APPOINTED KITCHEN/DINER 11' x 7'9 overall, equipped with a Maple Fronted range of units in an \"L\" formation with a granite typed rounded edge work surface BED/SITTING ROOM 11' x 11' plus small recess.BATHROOM fitted with a low flush WC, pedestal washbasin and panelled bath,Council Tax Band: B E.P.C. Band E46

THIRD FLOOR - FLAT THREE
PRIVATE HALLWAY with access to storage, bedroom 3 and through to: -INNER HALLWAY WELL APPOINTED KITCHEN fitted with Maple fronted range of units with a \"U\" shaped granite type rounded edge work surface, SHOWER ROOM recently refitted with a new shower cubical. LIVING ROOM 13'7 x 11'4 with good views over the town to the distant Kymin Hill.ADJACENT STUDY AREA/DINING ROOM/BEDROOM 1, 10'8 x 6'7, with access to eaves storage and REAR BEDROOM 2, 11' x 11' REAR BEDROOM 3, 11' x 10'3 with a built in cupboard.Council Tax Band: C E.P.C. Band E46

Rents
Shop £15,000 - the Lease expired in August 2013. Basement - Vacant.Flat One £325 pcm. - Commenced on 22/2/2013Flat Two £300 pcm. - Commenced on 1/9/2012Flat Three £400 pcm. - Commenced on 11/7/2013.All three Flats are let unfurnished and on 6 month Assured Shorthold Tenancies and thereafter on a monthly basis.

Services & Remarks
All mains services. Gas central heating where stated. In the ground floor area of the Shop only. Economy Seven circuitry to the Flats and the Basement Telephone subject to BT regulations. The Agent has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for the purpose. A Buyer is advised to commission the appropriate investigation before proceeding with the purchase. References to the Tenure of this property are based on information supplied by the Seller. The Agent has not had sight of the title documents. A Buyer is advised to obtain verification from their Solicitor at an early date.

VIEWING
Strictly by prior appointment with the agents who will liaise with all of the Tenants of the premises. It would be appreciated if at least 48/72 hours notice can be given of any pending viewing.

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