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SUBSTANTIAL RETAIL & RESIDENTIAL INVESTMENT - FOR SALE
* Price: £1,250,000 | Rental income: £84,680 per annum exclusive
* Large retail showroom on the ground floor
* 2 x 4 bedroom flats & a 5 bedroom licensed HMO above
* Retail showroom let by way of a 15 year lease with no break, from 1st December 2018 at a rental of £35,000 pax
* All of the flats are let by way of ASTs producing a rental income of £49,680 per annum
* The flats have been historically let to university students, with the property situated in a heavily student location, approx. 1.5 miles from the university
* Retail showroom let to Korea Foods Co Ltd, Europe. Leading importer of Korean food with net assets of £1.5m in their most recent filed accounts
* Potential to increase rents up to £59,640 per annum when fully let (which has been the case pre Covid 19)
FOR FULL DETAILS PLEASE VIEW THE BROCHURE
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