*Guide | £120,000+ (plus fees)
- Retail Property (high street)
- 1 Bedroom
- Tenure: Freehold
Call the team on 020 7625 9007 for more information
A Mid Terrace Building Arranged to Provide a Ground Floor Shop and a First Floor Two Room Flat Fully Let Producing a Combined Income of £20,076 Per Annum
The property comprises a mid terrace building arranged to provide a ground floor shop and a first floor two room flat.
Tenure
Freehold
Location
The property is situated on a mixed use road close to local shops and amenities. The open spaces of St Marks Recreation Ground are within easy reach. Transport links are provided by Swindon rail station.
Accommodation
Ground Floor Retail Area WC First Floor Reception Room Kitchen Bedroom Bathroom
Tenancy
The shop is subject to a lease for a term of five years commencing 1st October 2024 at a rent of £1,000 per calendar month. Rent review after 3 years. The tenant has been in occupation since 2018. The flat is subject to an Assured Shorthold Tenancy for a term of 12 months commencing 14th August 2024 at a rent of £673 per calendar month.
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
