1 bedroom commercial property for saleWest Street, Sittingbourne, ME10
- Freehold Investment Opportunity
- Commercial Unit Let at £10,000 Per Annum
- Residential Unit Let at £6,300 Per Annum
- Outskirts of Town Centre
- Units Individually Let
- Approximate Return of 6.6%
FREEHOLD INVESTMENT SALE - BUSINESS NOT AFFECTED.
Hawkesford James are pleased to offer this freehold investment proposition comprising a ground floor commercial unit and self contained one bedroom flat.
The commercial unit has traded as a Hair Salon since the 1980's which changed hands due to retirement in 2014. The unit is currently let as a fitted salon at £10,000 per annum on a fully repairing and insuring lease.
The first floor flat benefits from UPVC double glazing, a fitted kitchen and outdoor terrace. Let on an Assured Shorthold tenancy at £6,300 per annum.
This property generates an income of £16,300 per annum with an approximate return of 6.6%. The units are individually let and are both being offered with tenants in residence.
West Street is located on the outskirts of Sittingbourne's Town Centre and benefits from high levels of passing traffic. The property is within easy reach of public car parks, bus routes and the mainline railway station.
Salon & Reception Area: : 24'10" x 14'5" (7.57m x 4.39m) , Street entrance, UPVC double glazed window to front, opening to:-
Basin Area: : 9'10" x 8'0" (3.00m x 2.44m) , UPVC double glazed window to side aspect, opening to:-
Inner Hall: : Storage cupboard, fire exit to rear garden. Doors to:-
Kitchenette: : 5'11" x 5'0" (1.80m x 1.52m) , UPVC double glazed window, base and eye level cupboards, space for under unit fridge.
WC: : UPVC double glazed window, low level WC.
Beauty Room: : 14'0" x 11'8" (4.27m x 3.56m) , UPVC double glazed window to front.
First Floor Flat:
Kitchen: : 7'10" x 6'11" (2.39m x 2.11m) , UPVC double glazed dual aspect windows, UPVC entrance door, coved and artex ceiling. Base and eye level cupboards, single drainer stainless steel sink with mixer tap inset into work surface. Integrated electric oven and hob, space for fridge/freezer and plumbing for washing machine.
Hall: : 1'11" x 4'10" (0.58m x 1.47m) , Access to loft space, doors to:-
Lounge: : 14'2" x 12'1" (4.32m x 3.68m) , Two UPVC double glazed windows to front, TV and telephone points, electric radiator and laminate flooring.
Bedroom: : 11'11" reducing to 9'7" from wardrobe fronts x 9'5" (3.63m x 2.87m) , UPVC double glazed window to rear, full length mirrored wardrobes and tiled shower cubicle.
WC: : UPVC double glazed window and close coupled WC.
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