Freehold mixed use investment for sale in Bridgwater

This property is marketed by:
Greenslade Taylor Hunt

Description

A mixed use, mid-terraced building consisting of commercial premises at ground and basement levels with two separately accessed residential apartments on the first and second floor. The first floor apartment has been sold off on a long lease.

The commercial area is currently trading as a barber and nail shop which provides an open plan sales area, kitchenette and WC facilities at ground floor level. There is also an ancillary storage area in the basement.

The second floor apartment is currently let via an Assured Shorthold Tenancy and provides a kitchen, living room, bathroom, single bedroom and double bedroom.

Commercial floor areas total 1,069 sq ft.

Features:

• A well located mixed use investment.
• Commercial areas are producing an income of £8,400 per annum.
• The top floor residential flat is let via an AST for £5,580 per annum with potential to increase.
• Middle flat is sold off on a long leasehold basis from December 1988 for 99 years.