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Investment Highlights
- Prominent position overlooking Low Green
- Street parking
- Period building
Executive Summary
The available space comprises a ground floor retail unit extending to 407 sq ft.
The shop is currently let on an annual lease and trades as a café.
There are four flats included in the freehold investment. Three of the four flats are currently let on Short Assured Tenancy Agreements producing an annual rental of £14,950 per annum. The attic flat is currently vacant although once occupied rental income should increase to £19,500 per annum.
The potential annual income is therefore around £26,500 per annum.
Offers over £375,000 are invited.
The shop is currently let on an annual lease and trades as a café.
There are four flats included in the freehold investment. Three of the four flats are currently let on Short Assured Tenancy Agreements producing an annual rental of £14,950 per annum. The attic flat is currently vacant although once occupied rental income should increase to £19,500 per annum.
The potential annual income is therefore around £26,500 per annum.
Offers over £375,000 are invited.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
407 SF
Building Class
B
Year Built
1880
Price
$512,785
Price Per SF
$1,259.92
Tenancy
Single
Building Height
4 Stories
Building FAR
0.91
Lot Size
0.01 AC
Frontage
34’ on Wellington Square
Amenities
- Storage Space
1 1
Nearby Major Retailers
1 of 3
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
16 Wellington Sq
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