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The property comprises a commercial unit on the ground floor and 24 flats above, all of which have been sold off on long leases. There is a secure rear service yard and 18 covered residents parking spaces. The commercial unit is let to Carpetright Plc until 12th June 2023 and the passing rent is £62,500 per annum. The combined ground rent income from the flats is £4,800 per annum. The lease to Carpetright Plc is within the security provisions of the Landlord & Tennant Act 1954.
For more information, please contact Latif / latifacisu@whozoo.co.uk / 03332 008 330.