An investment opportunity to purchase the freehold of this Victorian building, comprising of a ground floor retail unit and first and second floor maisonette which has been sold off on a long lease. The shop is let paying a rent of £12,000 per annum with their lease expiring in July 2025. There is the scope for the property to be updated, which could enhance the rental income. The maisonette has been sold on a long lease of 124 years from 25th December 2004 paying a ground rent of £100 per annum and a service charge of 50% of the whole. Tenure Freehold subject to the existing tenancy. 

Unique opportunity, mixed commercial and residential investment opportunity. Comprising of a parade of 4 retail units (all let), and 5 residential flats (all leasehold with 58 years remaining). The site also includes 4 garages and parking to the rear. Current rent payable £22,900 pa.

This prominent parade of three shops are currently fully let producing a combined income of £16,860 per annum. There is also a ground rent income of £10 per annum from a maisonette which has been sold off on a 999 year lease.

Comprising a ground floor shop & basement with separate front access to 5 self-contained studio flats above (4 vacant). EQUIVALENT TO £40,640 p.a. PLUS 4 VACANT STUDIO FLATS.

A property management freehold investment subject to 7 units with car parking and an additional 2 car parking spaces which are freehold. Management Fee Collected: 01.04.2021 - 31.03.2022: £4,000 + VAT. 01.04.2022 - 31.03.2023: £5,000 + VAT. 01.04.2023 - 31.03.2024: £5,200 + VAT.

Freehold Commercial/Residential Investment – Shop & Flat 6 week completion. Forming part of a purpose-built shopping parade comprising a Ground Floor Shop with Rear Extension and Rear Yard for 3 cars and separate rear access via 2 communal staircases to a Self-Contained Flat on first and second floors. Total £11,500 pa plus Vacant Flat.

Freehold Commercial/Residential Investment – Shop & Flat. Forming part of a purpose-built shopping parade comprising a Ground Floor Shop and Rear Parking Area for 4 cars with separate rear access via 2 communal staircases to a Self-Contained Flat on first and second floors. Producing £12,000 plus Vacant Flat.

Freehold Investment with Vacant Upper Part. In same ownership for approx. 30 years. 6 week completion. A terraced building comprising 2 Ground Floor Shops together with separate front access to Self-Contained Offices on the first and second floors. Producing £35,000 plus vacant shop and vacant offices.

The property is a detached dwelling that has been sub-divided into three self-contained flats, all held on long leases with rising Ground Rents of £150 pa each, thus £450 pa in total. There is a block of three garages on the site which are let at £275 per quarter, £275 per quarter and £85 per month respectively, thus producing £3120 pa in total. There is also an additional parking space that is currently vacant. The site in total measures approximately 347 sm (0.08 acres) and may hold further development potential subject to obtaining any necessary consent that may be required.

The freehold of the property only, the 5 flats sold on leases of 125 years from January 2007 currently producing £1,150 per annum with rent increases set at every 25 years. The uplift will be an extra £150 per flat at the first 25 year interval with £200 uplift on each subsequent 25 year interval. Please see the legal pack for details.