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Commercial Property for sale

Station Road, Chesterfield

Removed £185,000

Property Description

Key features

  • Commercial Investment
  • Convenient & busy location
  • Lock up Sales shop
  • Two self contained 1 Bed Flats above
  • Currently Let
  • Total rental income around 14,822.40 per annum
  • Excellent Investment Opportunity
  • VIEWING BY APPOINTMENT

Full description

Tenure: Freehold

An INVESTMENT OPPORTUNITY to purchase a mid terraced lock up sales shop with two self contained one bedroom flats above. We are informed that the shop is let on a 6 month rolling contract at £535.20 per month (£6,422.40 per annum). Flat 1 is let out on Assured Shorthold Tenancy and rental income is £360 per calendar month (£4,320 per annum). Flat 2 is let on a Assured Shorthold Tenancy Agreement producing a rental income of £340 per calendar month (£4,080 per annum.) This gives the property rental income of around £14,822.40 per annum.

Lock Up Sales Shop
Comprises of an open plan sales / shop floor area. The front of the shop has a single glazed window which fronts onto the main road. The sales area benefits from recessed category two lighting. The kitchen area has a range of work top surfaces and cupboards, a stainless steel sink, cooker appliances, extractor fan (not tested) and hand wash basin, there is a separate storage room with wash hand basin which leads through to the rear of the property.

Flat One
Flat one comprises lounge (4.3m x 3.6m) having uPVC double glazed window. Kitchen (3.9 x 2.2m) having space for a fridge, plumbing for washing machine, stainless steel sink, electric oven and cooker (not tested), range of wall and floor cupboards. The bathroom is located off the lounge and comprises of a bath only. The bedroom (5m x 4m) is located on the second floor having double glazed velux windows. The WC is located off the bedroom. the property is heated via electrical panel radiators and is separately metered.

EPC Rating E
Flat Two
Comprises Lounge (4.4m x 4.2m) having uPVC doubled glazed window. Kitchen (3.9m x 2.2m) having space for a fridge, plumbing for washing machine, stainless steel sink, electric oven and cooker (not tested), range of wall and floor cupboards, uPVC double glazed window. Bathroom (2.5m x 1.7m) having bath with overhead electric shower, wash hand basin, WC and uPVC double glazed window. The Bedroom (4.2m x 1.9m) is located on the second floor having uPVC double glazed windows. The property is heated via electric panel radiators and is separately metered.

EPC Rating E
Services
Mains electric, water and drainage are connected and have not been tested by Lime Living.

Fixtures and Fittings
Only those fixtures and fittings mentioned in the brochure are included in the sale and others are available by separate negotiation.

Council Tax
Flat One and Two are Band A

Business Rates
The rateable value of the business premises is £4,350.

EPC Rating
Flat 1 = G
Flat 2 = G

Note
Any prospective buyer are advised to undertake their own investigations regarding the tenancies as we do not manage the shop or flats and the particulars have not been approved / verified by the seller.


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Disclaimer - Property reference LIM1000178. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Lime Living Ltd, Chesterfield. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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