Property description
Holbrook and Co Estate agents are delighted to bring to the market this exceptional, multi-use freehold space in Seaham. This investment property comprises of a ground floor commercial shop accompanied with a two bedroom first floor flat. The property offers a floor space 130.36 sq. m (1403 sq. ft) over two floors located within this busy shopping parade of mixed use commercial and residential properties. Ideally located on Woods Terrace the downstairs offers a large, fully refurbished commercial space with kitchen facilities to the rear and a W/C. Access to the rear lane and a separate access to the first floor flat via a communal rear entrance. Upstairs offers a fully refurbished two bedroomed flat. It is anticipated that the shop unit will command a rent of 600-700 pcm and the first floor flat 475-525 pcm which should realise an anticipated rent yield above 10%.
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