Property Details

The Property Comprises Of A Lock Shop Unit And Two Residential Flats Held Under The Title Number Sl281748 Arranged Across Part 3 And Single Story. The End Of Terrace Property Is Of Traditional Construction (excluding The Garage) With All Parking On Street. The Shop Is Currently Let To Severn Hospice, And Has A Total Net Internal Sales Area Of Approximately 583 Sq Ft Which Has Over 2 Years Remaining On The Lease At A Current Passing Rent Of £6,000 P.a. The Flats Benefit From A Separate Entrance From Dale Street. The First Floor Flat Provides A Total Gross Internal Floor Area Of 754 Sq Ft (70 M Sq), Which Is Currently Let On An Ast For £4,500 Per Annum. The Second-floor Flat Is Vacant Providing A Total Gross Internal Floor Area Of Approximately 762 Sq Ft (70 M Sq) With An Estimated Rental Value Of Around £5,400 Per Annum. The Property Would Be Of Interest To Property Investors And Speculators And Has Asset Management Potential.