Excellent Commercial and Residential Investment Opportunity

A superb opportunity to acquire a high profile mixed use investment in a prime high street location. The opportunity comprises a retail unit on a lease to long estbalished local opticians Gardner & Allen, and a two bedroom flat let on a private tenancy. The property includes sizeable rear yard for parking / potential future development opportunities (subject to approvals). Further information available through the selling agents.

Number 48 - Ground Floor Retail Unit

61 sqm / 656 sq. ft. Net Internal Area plus kitchenette and W.C Full height glazed frontage with electric roller shutter. Suspended ceiling and air conditioning cassette. Currently let to Gardner & Allen Opticians at £10,040 per annum with lease expiry June 2026 (lease includes store/former flat on 1st floor known as 48B).

Residential Flat - 48A

Self contained flat in good order, arranged over first and second floors comprising two bedrooms, lounge, kitchen/dining, bathroom. Currently subject to a private tenancy with passing rent £450 pcm.

Store / Former Residential Flat - 48B

Self contained first floor store / former flat with accommodation comprising kitchen/lounge, two x bedrooms and bathroom. Currently included in extant lease to Gardner & Allen Opticians and used as storage.

Externally

Right of Way Entry shared with neighbouring property. Leading to exclusively owned parking yard to rear finished in stone.

Rates

48 - Estimated Non Domestic Rates Bill 2024/25 £3,183.58 (inc. 20% SBRR) 48A - Estimated Domestic Rates Bill 2024/25 £606.54