- Mixed Use Freehold Investment
- Ground Floor Lock Up Shop
- Two Bed Flat Above
- Freehold
- Very Well Presented
- Prominent Position
- Good Local Demand
- Potential ROI 7-9%
A freehold building comprising a ground floor retail unit with a two bedroom self contained maisonette above. The property is fully income producing.
Tenancies
• Ground floor shop let to a tenant trading as a bridal boutique at £450 pcm.
• Maisonette previously leased to an Airbnb operator at £600 pcm. That lease expires in October. From then the flat will be run through an Airbnb management company, and I'd expect it to produce in the region of £600 £800 pcm net of bills.
On that basis the building should generate roughly £1,050 £1,250 pcm, or around £12,600 £15,000 a year gross a gross yield of approximately 7.6 9.1% at the asking price, which I'd expect to appeal to investor buyers.
Price
Council Tax
Bassetlaw District Council, Band A
Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
| Utility |
Supply Type |
| Electric |
Mains Supply |
| Gas |
Mains Supply |
| Water |
Mains Supply |
| Sewerage |
Mains Supply |
| Broadband |
None |
| Telephone |
None |
| Other Items |
Description |
| Heating |
Not Specified |
| Garden/Outside Space |
No |
| Parking |
No |
| Garage |
No |
| Broadband Coverage |
Highest Available Download Speed |
Highest Available Upload Speed |
| Standard |
15 Mbps |
1 Mbps |
| Superfast |
80 Mbps |
20 Mbps |
| Ultrafast |
Not Available |
Not Available |
| Mobile Coverage |
Quality |
| EE |
Good in-home and outdoor |
| Three |
Good in-home and outdoor |
| O2 |
Variable in-home, good outdoor |
| Vodafone |
Variable in-home, good outdoor |
Broadband and Mobile coverage information supplied by Ofcom.