Published: 08/03/2022 By City & Counties CommercialThe property is an unbroken mixed use building comprising an office and four flats. The office is over ground and basement, two flats are on the ground floor and two flats are above the office. The office will be sold with vacant possession and the flats are fully let on ASTs. The total contracted income from the flats is £3,800 per annum which is broken down: Flat A £1,050 pcm, Flat B £900 pcm, Flat C £800 pcm and Flat D £1,050 pcm. The ERV for the office space is approximately £15,000 per annum.
We understand any incoming commercial tenant will benefit from 100% of small business rates relief as the rateable value of the commercial unit is within the qualifying threshold. All interested parties are advised to make their own enquiries with the local authority.
For more information on this opportunity, please contact Philip Hoodless at email@example.com or call us on 020 8106 8666. You can also view the property listing here.