Property description
Churchill & Mathesons are proud to present this fantastic opportunity. If you're looking for something to generate income and get the best returns on your investment then this could be for you.A freehold building consisting of a commercial shop currently trading as an electronics store on the ground floor and basement, there are also two 2 bed flats on the upper floors. As both the commercial unit and the residential flats are let out already, you will start earning a rental income of just over ?72,000. The commercial lease is active until 2030 and both flats are rented out to council tenants, whether they re vacant or not, the council still pays the rent for the flats. The vendors are obtaining planning permission for a 1 bed flat on the mansard. Opportunity to further develop STP. Please enquire within for more information regarding the tenancies and any other queries you may have - we'll be happy to help.
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