Studio flat for sale

A RARE OPPORTUNITY TO ACQUIRE THE FREEHOLD INTEREST OF THIS COMMERCIAL PERIOD BUILDING. THESE RETAIL PREMISES ENJOY A PROMINENT FRONTAGE ON THE BUSY HIGH STREET IN THE CENTRE OF THIS POPULAR MARKET TOWN. COMPRISING A SHOP AREA WITH SEPARATE KITCHEN AND WC. LET TO ECIGWIZARD AT A PASSING RENT OF 19,800.00 PER ANNUM.Tenure: FreeholdPREMISES RETAIL AREA: 596 SQ FT (55.75 SQ M)KITCHEN AREA: 28.5 SQ FT (2.65 SQ M)WCThe premises benefit from radiator central heating, fired by an electric boiler.Unrestricted public parking is available nearby.TERMS TERMS AND TENURE: The premises are let to Ecigwizard on a ten-year lease that expired on the 30th November 2022. We are informed the current tenants wish to continue and are currently being held over under the terms of their assigned lease.RENT: The monthly rent is 1,650.00. The freehold purchaser will also benefit from the ground rents paid by the two apartments above the shop. Apartment 75A and 75B each pay a ground rent of 75.00 and were let on 125-year leases from the 21st September 2007.COMMERCIAL BUSINESS RATES: The rateable value is 14,250.00, payable per annum at 7,110.75.Please note the building is Grade II listed.