£850,000

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Summary

- Type
- Tenure
- Approx Size m2/ft2

DESCRIPTION

The property is a purpose built mixed commercial and residential building over basement, ground and three upper floors.

We attach floor plans for ease of reference.

ACCOMMODATION

Basement

Storage

714 sq.ft.

Ground Floor

Office

848 sq.ft.

First Floor

Private Members Club

1212 sq.ft.

Second Floor

Two bedroom apartment

632 sq.ft.

Third Floor

Storage

394 sq.ft.


OCCUPATION/TENURE

Basement

The basement is currently vacant.

Ground Floor

The ground floor offices are currently licenced out for £1,500 per month (£18,000pa) on an internal repairing lease agreement with the tenant being responsible for all utilities consumed on site and Occupier Rates. The lessee is simply holding over, on a monthly basis.

First Floor

The first floor is currently fully fitted out with kitchen facilities, trading as a private members club with kitchen facilities, however, could achieve a change of use to offices, subject to planning. This floor on completion of a sale will be vacant, however fully furnished if required.

Second Floor

The second floor apartment is currently leased out for £1,700 per month (£20,400pa) on an internal repairing insuring style lease, with the occupiers being responsible for all utilities consumed on site and Occupier Rates. The lease has expired, and the lessee is holding over on a monthly basis.

PRICE

Offers are invited in excess of £850,000.




Please call Sarre & Co on 880 880. Please note that all areas and measurements given in these particulars are approximate and rounded. The text, photographs and floor plans are for general guidance only.

Once an offer is accepted and negotiations for the purchase of a property are entered into, the prospective purchasers will be asked to produce photographic identification(passport or driving licence) and proof of residency documentation eg, a current utility bill together with confirmation of source of funds.This is in order for us to comply with the current Money Laundering Legislation.
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Map


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Mortgage Calculator

£
35 yrs
60% 2 year tracker - 4.70%
With a 40% deposit of £340,000 on a property valued at £850,000 your monthly payments would be£2,477.16

Stamp Duty

Calculated on the property value of £850,000 the total stamp duty would be £19,250
Subject to £80 registration fee and £20 Jurat's fee where applicable.

Estate Agent

Sarre & CoEstate AgentsContact us about this or any of our listed properties.