Property description
FREEHOLD MIXED USE INVESTMENT PROPERTY - Tenanted 875 sq ft ground floor retail unit and spacious self contained 3 bed duplex flat above - Achieving approximately 11k rental income per annum - Prominent high street location adjacent to supermarket & Post Office - CONTACT FSL ESTATE AGENTS TO VIEW
PROPERTY PARTICULARS
Occupying a prominent position within South Elmsall, this is a substantial mixed use investment property which is being offered for sale on a tenanted basis. The property which benefits from accommodation over 3 floors comprises a large self contained ground floor retail unit and a self contained 3 bed duplex flat to the two upper floors. The ground floor retail unit is currently leased to a long standing tenant and their business will remain unaffected by the sale. The property achieves approximately £11,000 per annum from the combined rental income of the shop and flat. The property also includes a yard area to the side and extends to the rear where there is off road parking for 2 to 3 vehicles and there may be potential to extend or adapt within the yard area subject to obtaining the necessary consents. Contact FSL Estate Agents for further information and to arrange a viewing.
LOCATION
The property occupies a prominent main road position within South Elmsall, immediately adjacent to One Stop supermarket and the main Post Office and benefits from a large public carpark and the railway station close by. The property is situated between the junctions of High Street with Doncaster Road and Westfield Lane with Barnsley Road. It is therefore a location that will remain in strong demand for any potential tenants with excellent passing trade and extensive catchment area.
GROUND FLOOR RETAIL UNIT
Self contained ground floor retail unit, approximately 875 sq ft, comprising a large retail showroom, rear office / workshop facilities, storeroom, kitchen and WC. The retail unit benefits from electric heating, UPVC double glazed windows to the office area, roller shutter to the shop front and security grill to the rear entrance door. The unit currently has A1 consent for retail use. The retail unit is occupied by a long standing tenant, currently let on a 5 year lease with 2 years of the current lease remaining.
SELF CONTAINED FLAT
Spacious self contained flat occupying the first and second floors of the property. Accessed via external steel staircase to the side of the property and comprising 3 double double bedrooms, living room, kitchen and bathroom. The flat benefits from UPVC double glazing and gas central heating with modern combi-boiler.
TENURE
Freehold.
RATEABLE VALUE / COUNCIL TAX
The whole of the property is currently rated for commercial use with a rateable value of £5300. The upper floor flat has previously been registered for council tax purposes as band A.
VIEWINGS
For further information and to arrange a viewing contact FSL Estate Agents on 01924 200101. Please note that viewings are strictly by prior appointment only.
IMPORTANT INFORMATION
These particulars are intended only as general guidance. The Company therefore gives notice that none of the material issued or visual depictions of any kind made on behalf of the Company can be relied upon as accurately describing any of the Specified Matters prescribed by any Order made under the Property Misdescriptions Act 1991. Nor do they constitute a contract, part of a contract or a warranty.
Property Features :
- Mixed use investment property
- Freehold
- Substantial accommodation over 3 floors
- 875 sq ft ground floor retail unit
- self contained 3 bed duplex flat to upper floors