A Mid Terrace Building Arranged to Provide a Ground Floor Shop and 2 x Five Room HMO's Fully Let Producing £72,000 Per Annum

The property comprises a mid terrace building arranging to provide a ground floor shop and 2 x five room HMO's arranging over the ground and first floors.

Tenure

Freehold

Location

The property is situated on a residential road close to local shops and amenities. The open spaces of Lattersey Local Nature Reserve are within easy reach. Transport links are provided by Whittlesea rail station.

Accommodation

Ground Floor Retail Shop Communal Reception Room with Kitchenette Separate Communal Kitchen Five Studio Rooms (all with En-Suites) First Floor Communal Reception Room with Kitchenette Separate Communal Kitchen Five Studio Rooms (all with En-Suites)

Exterior

The property benefits from off street parking.

Tenancy

The shop is subject to a lease for a term of 5 years at a rent of £1,250 per calendar month. Each HMO is subject to a lease for a term of 3 years at a combined rent of £4,750 per calendar month.

Energy Efficiency Rating (EPC)

Current Rating C

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

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.