A Freehold Investment Comprising a Two Bedroom First Floor Flat Subject to an Assured Shorthold Tenancy Producing £4,680 per annum and a Ground Floor Shop Sold Off on a Long Lease.

The property comprises a two bedroom first floor flat situated above commercial premises within a mid terrace building arranged over ground and first floors. The property has been recently refurbished and benefits from double glazing.

Tenure

Freehold

Location

The property is situated amongst the shops and amenities of Front Street. The open spaces of Eden Park are within easy reach. Transport links are provided by the nearby A693 which provides access to the A1(M) motorway.

Accommodation

First Floor Reception Room Two Bedrooms Kitchen Bathroom with WC & wash basin

Tenancy

The flat is subject to an Assured Shorthold Tenancy agreement from 11th May 2015 for a term of 12 months at a rent of £90 per week. The shop is sold off on a 999 year lease at a peppercorn ground rent

Current Rent Reserved £4,680 per annum

Viewing Details

Saturday 23rd May 13:15-13:45 Wednesday 27th May 13:15-13:45 Saturday 30th May 13:15-13:45 Wednesday 3rd June 13:15-13:45

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.