SUPERB 6.5% MIXED USE INVESTMENT OPPORTUNITY!

Investment overview:

mixed residential commercial investment comprising 6 one bedroom fats let on AST’s and 2 shops.ResidentialFlats 1-6 are all let on AST’s totalling £3015 pcm, Flat 6 shows the potential rental uplift available.Flat 1 let on AST at £485 pcmFlat 2 let on AST at £475 pcmFlat 3 let on AST at £475 pcmFlat 4 let on AST at £500 pcmFlat 5 let on AST at £600 pcmFlat 6 let on AST at £480 pcmThe residential element is accessed by separate entrance at the rear of the property. There is a large hallway with feature oak staircase and a full height picture window. In addition there is a large (11 m2) store and meter room on the ground floor.CommercialThe 2 shops are accessed from the street via a recessed covered entrance. Both shops have impressive glazed shop fronts7 Ladywell is trading as “Prontos Pizza” under a 15 year lease (2017) at £8600 pa with 3 yearly rent reviews. There has been resent investment and refurbishment by the tenants. 8 Ladywell has recently agreed a new lease with an average income over the next five years of £953pcm.

Room Sizes