Rule & Rule are delighted to offer this very well-maintained freehold investment opportunity comprising a ground floor retail premises, currently let on a new 10-year lease and two modernised 1-bedroom flats, both let on assured short-hold tenancies generating an annual rent of £27,000. The whole property has benefitted from significant investment this past 4 years and is fully up to date with fire regulations.
The property is situated in a prime town centre location and benefits from good footfall and vicinity to all local amenities. The shop is currently trading as an established funeral directors generating rental of £1100 per month (£13,200). The two one bed flats are let at £650 per calendar month for flat 1 and £500 per calendar month for flat two, combined £13,800 per annum. Each flat has 1 large double bedroom, sitting room, new electric heating and modern kitchens and bathrooms. The flats have their own dedicated entrance and communal corridor and benefit from plenty of light from both front and rear of the property.
Please Contact Mark at the office for further details and EPC ratings for each unit.