Church Street, Edwinstowe, Mansfield

LOCATION
The property is located in Edwinstowe, Mansfield, on a main road and extensive corner plot.

DESCRIPTION
A corner plot consisting of two commercial buildings which are both fully let. Achieving a rental income of £45,000 per annum.

Externally, the property is situated on a corner plot with two separate buildings and benefits from private parking for both properties.

Building one:
The property has been split over ground and first floor. The ground floor is occupied by a convenience store with storage and WC facilities. The upper floor is occupied by a bicycle repair shop and also benefits from storage, WC facilities and parking.

Building two:
The property has been split over ground and first floor. The ground floor is occupied by a gift shop business and the first floor occupied by a photography studio. Both benefit from WC facilities and parking also.

Tenant schedule:

Unit 1: £1,000 per month
Unit 2: £500 per month
Unit 3-4: £1,500 per month
Unit 5: £750 per month

Total passing rent per annum: £45,000 exclusive

ACCOMMODATION
Site area approx: 0.19 acre

Unit 1: 71 sq. m / 763 sq. ft
Unir 2: 68 sq. m / 731 sq. ft
Unit 3-4: 190 sq. m / 2,044 sq. ft
Unit 5: 145 sq. m / 1,560 sq. ft

Total internal area: 5,098 sq. ft
All sizes are approximates.

EPC are available on request.

SERVICES
Services are connected but have not been tested by the agents.

TERMS
We are instructed to seek offers in the region of £750,000 subject to contract for the freehold interest with existing leases in place. A copy of the leases will be available on request. All interested parties will be asked for proof of funding in the initial stages and to comply with money laundering regulations.

VAT
VAT is not applicable

LEGAL COSTS
Each party to bear their own legal costs in this transaction.

SERVICE CHARGE
A service charge is payable by the tenants to upkeep the common areas. All tenants contribute towards the landlords building insurance policy.

OTHER
All statements contained in these particulars are provided in good faith and are believed to be correct but their accuracy is not guaranteed. These particulars do not constitute any part of any offer or contract. None of the statements contained herein are, or are intended to be statements or representations of fact or opinion by either the vendor or Reign Commercial ltd or its employees or agents. All illustrations are for marketing purposes only and all interested parties are to make their own enquiries into the boundaries and title plans.
Neither Reign Commercial ltd nor its employees or agents are authorised to make or give any representation, guarantees or warranties whatsoever in relation to the above premises. Interested parties must satisfy themselves by inspection or survey on any matter or statement contained in these particulars.
Health & Safety:
You are asked to exercise all care and diligence during your inspection of the property and the Agents are unable to warrant that the property is free of hazards or complies with Health and Safety legislation. The Agents accept no liability for injury or loss to persons or property when visiting

VIEWING
Viewing is strictly via appointment only with Sole agent Reign.