TWO FREEHOLD INVESTMENT SHOP PREMISES WITH 2 FLATS OVER

  • Price: £470,000
Dover, Kent, England
For Sale

TWO FREEHOLD INVESTMENT SHOP PREMISES WITH 2 FLATS OVER

Dover, Kent, England
  • Price: £470,000

Description

PRIME TOWN CENTRE LOCATION
1 SHOP LEASED @ £11,000 PA
1 FLAT LET @ £10,200 PA + 1 FLAT LET @ £9,000 PA
CURRENT TOTAL INCOME £30,200 PA
1 SHOP CURRENTLY VACANT

LOCATION
These two adjoining premises occupy a prominent trading position fronting the High Street of this popular Kent town, being close to all the multiple stores, banks offices etc and serving a densely populated residential area.

BUSINESS
Shop 1 (No 8) let on a 21 year FRI lease from March 2021 @ £11,000 PA. (3 year reviews)
Shop 2 (no 6) Currently vacant
2 Bedroom flat (No 8) currently let on AST producing £850 PCM
1 Bedroom flat (No 6) currently let on AST producing £750 PCM
Current income £30,200 PA

PREMISES
Two Mid parade shop premises with attractive double aluminum framed frontages fitted with elect. security shutters.
Shop 1 (No 8) Retail Area: 620 sq/ft Store Room: Staff W.C. Access to rear.
Shop 2 (No 6) Retail Area: 280 sqft. Store Room: Staff W.C. Access to outside.

Communal front entrance with stairs to first floor landing giving access to one 1 bedroom flat and one 2 bedroom flat.

TENURE
Freehold.

EPC RATING
Band C

BUSINESS RATES
Nil currently payable

Is this business relocatable:
No
Is this business home based:
No
Is accommodation included:
No
Is stock included:
NA

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