This wonderful investment opportunity offers the purchaser the opportunity to generate income from the three-bedroom flat that is set over three floors and includes a kitchen, utility room, three double bedrooms, shower room and storage room.
The flat is leasehold (999 years from 30th June 2010) with an approximate rental income of £1250 per month. The flat, which was renovated to a good standard throughout by the current owners, is currently rented out on a one month rolling contract. The double-fronted shop, which currently operates as a popular florist, occupies the ground floor and includes the shopfloor to the front with an attractive bay window overlooking the High Street, a large storage/stock room adjacent with two entrances (with potential to utilise as a second shopfloor space) and a kitchenette and WC to the rear. The shop, which also has a cellar, is Freehold and includes the Freehold to the whole building (i.e. the flat above). The shop is currently rented out at approximately £575 per month and £25 per month insurance on a three-year lease ending November 2026.
Outside, you have a large patio area accessed directly from the utility room which leads into a large garden with a studio to the rear which benefits from underfloor heating, water and electricity and has a modern shower room and double glazing. During the summer months June, July, August ‘20/’21/’22 the studio and the flat was rented out via Airbnb generating a combined income of approximately £3000 per month.

TENURE: Freehold & Leasehold (999 years from 30th June 2010)

SERVICES & UTILITIES:
Electricity supply:
Mains Water supply: Mains
Sewerage: Mains
Heating: Electric

COVENANTS: Covenants relate to this property please contact the office for more information

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