Property description
Robert Luff & Co are delighted to present this ideal investment opportunity. This virtual freehold of 999 year lease and £1.00 annual ground rent consists of a commercial unit downstairs currently run as a busy hairdressers with a one bedroom flat upstairs benefiting from a private entrance, potential combined income of at least £1000 a month, providing a 10% return, being ideally situated on a busy shopping parade corner with local transport routes nearby including A27 and railway station.
Private entrance
Part glazed door opening to entrance, stairs leading to half landing. Door into:
Bathroom
Windows to both side aspects, panel enclosed bath, pedestal wash hand basin, low level flush w/c, fully tiled walls, wall mounted heater. Stairs leading up with door into:
Lounge - 14' 2'' x 9' 2'' (4.32m x 2.79m)
Double glazed window to front, feature fireplace, TV point, telephone point, cupboard housing electric key meter, coved and textured ceiling.
Kitchen - 7' 8'' x 5' 9'' (2.34m x 1.75m)
Window to front aspect, stainless steel sink unit inset to work surface with mixer tap and drainer, matching range of wall and base units, space for cooker, space for fridge freezer, coved and textured ceiling.
Bedroom 1 - 10' 8'' x 9' 2'' (3.25m x 2.79m)
Double glazed window to front, range of fitted wardrobes, coved and textured ceiling.
Ground Floor Shop
(Unable to gain access from flat) Open salon room with seperate w/c and style area, currently run as hairdressers and has over the last 20 years. Currently paying £500 a month, lease expires in 8 months.
Agents Note:
Please be advised that to comply with legislation we inform any potential purchaser that we are holding in the office, both copies of the Commercial and Residential EPCs for this property. These can be viewed at anytime by arrangement.
Property Features :
- Commercial Property
- One Bedroom Flat
- Private Entrance to Flat
- Part Double Glazed
- 999 Year Lease
Property Info: