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A mid terraced retail investment currently producing an income of £6,500 per annum with a first floor flat which has been sold-off under a 999 year lease and pays a ground rent.r
* For Sale
* Town Centre Location
* Available Immediately
* 534 Sqft (49.59 Sqm)
* Epc Rating Cr
(All areas and dimensions are approximate)
Front Retail Area 333 Sqft (30.93 Sqm)
Rear Retail Area/Storage/Office 201 Sqft (18.66 Sqm)
Total 534 Sqft (49.59 Sqm)
The premises are offered freehold subject to the leases below:-
1. Ground Floor. This is available with full vacant possession.
2. First Floor. This is a flat which has been sold off under a 999 year lease from February 2003. The flat owner pays a ground rent of £220 per annum (adjusted every 5 years in accordance with the RPI) and is responsible for windows
Offers are sought in excess of £72
Each party to bear their own.
General Enquiries -------------
We refer you to the valuation office website ---.---.---.-- or call -------------
Prospective owners should make their own enquiries of the appropriate statutory undertakers:
Western Power: ------
South West Water: ------
Transco: ------ENERGY PERFORMANCE CERTIFICATE:
The Ground Floor has an Energy Performance Rating for this property is within Band C (68). The flat has a rating of Band E (42).
All the above prices/rentals are quoted exclusive of VAT
For further information or an appointment to view please contact either:-
Mike Nightingale on ------or via email [email protected] or
Thomas Hewitt on ------or via email [email protected]
AGENTS NOTE: Miller Commercial for themselves and for the Vendor/s or lessor/s of this property give notice: [a] These particulars are for an intending purchaser or tenant and although they are believed to be correct their accuracy is not guaranteed and any error or misdescriptions shall not annul the sale or be grounds on which compensation may be claimed and neither do they constitute any part of a Contract: [b] No responsibility is taken for expenses incurred should the property be sold
Well located on the southern side of Trelowarren Street close to a number of independent retailers.