THE PROPERTY
A mid terraced mixed use Freehold property arranged as ground floor retail unit with two self contained flats above.
LOCATION
East street is a popular pedestrianised High Street with a wide range of retailers and traders serving the local area yet within one mile of the City Centre and close to North Street.
THE OPPORTUNITY
The property is sold with the benefit of existing tenancies and having been let for many years now requires updating.
Interested parties will note the adjacent property that has been significantly developed into a high density flat scheme and we would suggest that ( subject to gaining the necessary consents ) there is scope for 6 - 8 Flats on this site.
EXISTING TENANTS AND INCOME
COMMERCIAL UNIT
Holding over under the terms of a lease dated 1st October 2008 @ £650 pcm
FLAT 2A
AST on a 6 month term from Nov 16 @ £350 pcm
FLAT 6A
Rolling AST from November 2014 @ £350 pcm