The property consist of 5 modern retail units in a neighbourhood shopping parade and 8 residential flats. Included in the sale are all fixtures & fittings in two of the retail outlets, which are fully fitted as a food takeaway and a hairdresser.
Three of the units are either occupied or available to lease and provide goods or services to the local residents. The other two units are leased, on a long term agreement, to the local authority.
All of the flats are leased to a housing association at a peppercorn rent.
The freehold also includes adjacent land, which has been identified as potentially providing another retail unit, with two flats above.
The freehold also includes a car park to the side of the property, which can accommodate approximately 12 vehicles.
The market rent for the retail units is circa £25,000 per annum.
The premises are centrally located in a substantial housing estate.
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