Property description

For Sale by Public Auction. Tuesday 22nd September 2015, 7pm. Wells Golf Club, Wells. Auction Guide Price £375,000 to £395,000* A great mixed use investment opportunity located just off the town centre. Currently generating an annual income of about £24,000.

DESCRIPTION 15 Kings Street offers an excellent investment opportunity that is currently let and generating an annual income of about £25,000.

The ground floor comprises a lock up shop unit let to Elli fashion. It has a great road frontage with large display window. The shop comprises a good retail space with changing rooms to the rear. Beyond this is an office/staff room with kitchen area and WC. Doors from here lead to the rear of the property.

The flats are accessed through a separate front door to the side. Flats 1 and 2 come off the first floor landing and Flat 3 is on the second floor. Flat 1 sits to the front of the property and comprises an open plan living space with sitting area and kitchen. There is also a double bedroom and separate bathroom. Flat 2 offers the same accommodation, although it is configured differently. Flat 3 occupies the second floor and offers an open plan living space, two bedrooms and a bathroom.

Outside
There is space to park one car on a ramp to the rear of the property

Property Features :

• Auction - 22nd September
• Mixed use investment
• Ground floor shop unit
• Three flats over
• Rental income of about £25,000