Property for saleSouth View Terrace, Silsden, Keighley, West Yorkshire, BD20
Full description Mixed Use Investment Generating £14,820 per annum
Ground Floor Retail Unit with Upper Floor Apartments
Prominent Corner Position
The ground floor is let by way of a 10 year internal full repairing and insuring lease from April 2015 at a rent of £6,000 per annum. The lease incorporates a rent review at the end of the fifth year of the term.
Flat 1 is currently let by way of Assured Shorthold Tenancy Agreement at a passing rent of £350 per calendar month, the tenant having been in occupation for a number of years. Flat 2 let by way of an Assured Shorthold Tenancy Agreement at a passing rent of £385 per calendar month.
The subject property comprises a ground floor retail unit together with two upper floor one bedroom flats. The ground floor retail unit is currently used as a launderette and dry cleaners, having been established for a number of years, and benefits from a good sized display window and return frontage. On the upper floors, there are two separate one bedroom apartments to the first and second floors, each accessed via a communal entrance to the side of the premises. The apartments are presented to a very high standard throughout and each comprises living room, kitchen, bedroom and bathroom.
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