Mixed commercial and residential investment (existing businesses unaffected) offering a Potential Initial Yield of 9%

The property comprises of a prominently located part four, part three and part single storey end of terraced property that is arranged as two lock up shop units and four residential flats.

The property is income producing on the ground floor currently trading as Iron and Fire Coffee (coffee shop) and Tap and Can (licenced premises). The existing businesses are unaffected by the sale.

The remainder of the property is arranged to provide 4 residential flats that are accessed via a self contained ground floor entrance over the upper floors of the property. The flats are vacant and can be let out to generate further income. The flats provide 3 two bedroomed residential flats and 1 one bedroom flat.

The property is understood to be a Grade 2 listed building. The property is of traditional brick construction with a slate roof and rendering to the upper parts of the property.

Unit 1, 13 Castle Gates trading as Tap and Can is arranged to provide a ground floor lock up shop unit that has a seating area and welfare facilities with a Total Net Internal Floor Area of approximately 1,067 ft sq (99.11 m sq). Unit 2, 13 Castle Gates trading as Iron and Fire Coffee is arranged to provide a ground floor lock up shop unit that is arranged to provide sales, preparation area and a toilet with a Net Internal Floor Area of approximately 334 sq ft (31.03 m sq).

Potential Initial Yield 9% after allowing for normal purchasers costs.

The potential of the property can only be fully appreciated by undertaking an internal inspection.