Share Property
Summary
DESCRIPTION
The building provides for an efficient self-contained ground floor retail / restaurant unit, with an element of storage at the first-floor level. Included above the restaurant are 3 upper floors of residential accommodation, which includes 4 letting rooms and a one-bedroom apartment. All accommodation is provided in good order with the benefit of long standing / well-referenced tenants.
ACCOMMODATION
Ground Floor
Retail/Restaurant Unit - 768 sq.ft
1st Floor - Small restaurant store
1st Floor - Room 1 - Large bedsit
Communal 3-piece house shower room
Communal kitchen
2nd Floor - Room 2 – Double room
Room 3 – Double room
Room 4 – Single room
Communal 3-piece, house shower room
3rd Floor - Self-contained 1 bedroom flat
TENURE
The Retail Unit / Restaurant premises are available with vacant possession
The residential lodging units, rooms 2, 3, and 4 are currently occupied by Registered persons paying monthly rentals as follows:
Room 2 - £580.00pm
Room 3 - £575.00pm
Room 4 - £400.00pm
Room 1 and the one----bedroom flat are currently occupied by Entitled persons paying monthly rentals as follows:
Room 1 - £852.00pm
The Flat - £935.00pm
The current total passing rental from the residential units is £40,104pa.
ALTERNATIVE APPROACH
The alternative approach with reference to the residential accommodation would be to utilise the entire residential space as one large town house or keep the letting accommodation at 1stfloor level and utilise the 2nd and 3rd floors as one substantial maisonette.
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.
Map
No location added
Stamp Duty
Subject to £80 registration fee and £20 Jurat's fee where applicable.

