Property Overview
-
- Size:
- Undisclosed
-
- Usage:
- A1
-
- Sale Type:
- For Sale
-
- Rental Income:
- Undisclosed
-
- Property Type:
- High Street
-
- Auction:
- No
-
- Development Opportunity:
- No
-
- Investment Opportunity:
- No
-
- Tenanted:
- Yes
-
- Energy Rating:
- N/A
General Summary
ACCOMMODATION
The accommodation with approximate areas and dimensions is arranged as follows:-
Ground Floor Retail Premises
NET SALES AREA 331 sq ft (30.75sq m)
Through to: Lounge/Diner with sliding
doors to patio.
Kitchen with fitted appliances and
integrated oven
Utility Room
First Floor
Bedroom 1
Bedroom 2
Bedroom 3
Bathroom
TENANCY
The commercial element of the property is let on IRT terms to Scottie’s Pre-Used Furniture for a term of 5 years at a rental of £875pcm (£10.500pa)
We are informed that the tenant has verbally indicated interest in extending their lease.
RENTAL INCOME
Current passing rent £10,500.
VAT
All figures quoted are exclusive of VAT where applicable.
PLANNING
We understand the property benefits from planning consent for A2 on ground floor
Any further enquiries regarding use and building regulation should be directed to Weymouth and Portland District Council
RATES
The property has the following rates liability:-
Rateable Value: £2,550
LEGAL COSTS
Each party to bear their own
ENERGY PERFORMANCE CERTIFICATES
An EPC is available for this property is available on request.
Location
Easton is a popular suburb located on the eastern side of the Isle just a few minutes away from the recently developed ‘Osprey Quay’ which will be hosting the sailing for the 2012 Olympics .
Easton is the main shopping area on Portland and has an attractive mix of shops, including both a Co-Op and a Tesco store, the latter of which has only recently opened and demonstrates confidence in the location and provides a draw from elsewhere on the Isle.
The premises comprise of a ground floor shop unit trading as ‘Scottie’s Pre-used Furniture’ who have been in occupation since November 2010. The First Floor consists of a 3 bedroom flat which is of good proportions and in good decorative order. The property also benefits from a garage and a garden to the rear.
The flat is not separately accessed from the commercial accommodation.
