Mixed investment opportunity (existing businesses unaffected) Net Initial Yield after costs 7.2% and Total Site Area of 0.262 acres

The property comprises of a prominently located investment comprising of a lock up commercial unit trading as Vets4Pets and a two bedroomed self contained residential flat with additional ground rent income from Newton Stores that are let on long leases within the freehold interest of the property.

The ground floor of the part two storey and part single property that is let to vets4pets provides a Total Gross Internal Floor Area of approximately 2,312 ft sq (214.77 m sq). This is arranged as consulting rooms and welfare facilities. To the first floor of the property structure there is a two bedroomed self contained residential flat that benefits from a separate external metal staircase. The residential flat provides a Total Gross Internal Floor Area of approximately 649 ft sq (60.29 m sq). The flat has pedestrian access to a paved outside external seating area that is accessed via French doors from the sitting room in the flat.

The property is of steel framework clad in brickwork with a flat roof covers to the two and single storey structures.

The ground floor of the property is let to Vets4Pets Veterinary Group Limited (Company Number 04263054) on an occupational lease with an unexpired term of approximately 5 years and the flat is let on an 12 month Assured Shorthold Tenancy from 13th October 2023 and is fully income producing.

The rest of the property ownership comprises car parking areas that serve the neighbourhood centre and the freehold ownership of properties held on long leasehold tenures, subject to ground rent payments.

The property ownership is under Title Number CH23970 and a small area land that is unregistered and subject to an indemnity policy.

The Total Site Area is approximately 0.262 acres (0.106 hectares).