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ASPECTOS DESTACADOS

Current total passing rent of £31,603 per annum exclusive
Fully fitted retail shop and warehouse to the rear
Prominent location facing London Road with good access to the A1(M) motorway

Strong covenant tenant
First floor residential flat above

RESUMEN EJECUTIVO

The property comprises a ground floor retail warehouse with a one-bedroom flat above, likely built in the 1950s/60s. It features a steel frame, brick walls, and a single-skin asbestos roof with roof lights. The flat has a flat roof and UPVC double-glazed windows. The retail unit spans three split levels, linked by ramps, and includes a dog-wash, grooming parlour, sales area, kitchenette, WC, and storage. There is rear access via roller shutter, with additional office and mezzanine storage. Heating is by gas blower and air conditioning. The first floor residential flat includes a lounge, kitchen, bedroom, and bathroom, accessed via a ground floor entrance. It has electric heating and one allocated parking space. Externally, the property offers front and rear parking for up to 8 vehicles, with access from both London Road and Inner Street.
Offers invited at a quoting price of £300,000 which reflects an NIY of 10.20% having allowed 3.30% for purchaser’s costs.

Marketing Particulars