Retail investment. Let on a renewed lease until 2025 (no breaks). Prime pedestrianised location. July 2020 tenant break option not exercised. Rent £19,500 per annum exclusive.

A superb opportunity to purchase two apartments requiring modernisation, located within the heart of the town centre and offered for sale with the freehold. To the ground floor, there is a sizeable two bedroom apartment, and on the first floor is a one bedroom apartment. 

Freehold land equivalent to 3.99 acres comprising the roadway, paths, verges, parcels of land and parking spaces / potential for garages.

The house is in a particularly poor state of repair and not, at present, considered habitable, although some may take the view that the existing dwelling is worth saving and certainly the attractive plot and location may well make this a viable option. Alternatively, it is considered that the site may be suitable for re-development, subject to all necessary consents being obtainable.

This freehold parcel of land extends to approx 0.75 acres. Largely left to nature in more recent times it is considered that the site may offer scope and potential for a variety of future uses.

The ground floor commercial unit, which is trading as a hair salon, is let under the terms of a 10 year commercial lease, while the two flats on the first and second floors have previously both been let under the terms of Assured Shorthold Tenancy Agreements. With the impending sale in mind the seller did not seek a new tenant for the second floor flat when it was recently vacated. The first floor flat is at present let and occupied, but will, we are advised, be vacant on completion. We are advised that the flats were let at £650 and £800 per calendar month respectively.

Freehold land equivalent to 3.99 acres comprising the roadway, paths, verges, parcels of land and parking spaces / potential for garages.

A Freehold Plot of Land of approximately 600 sq ft with further potential subject to the necessary consents being obtained.

A Freehold Plot of Land of approximately 1,100 sq ft with further potential subject to the necessary consents being obtained.

A two bedroom, two reception room detached bungalow located at the head of the cul-de-sac with only public open space separating the bungalow and the foreshore. There is off-road parking available to the driveway, an enclosed rear garden and brick built outhouse.