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Commercial Property for sale

Hightown, Crewe, Cheshire

Sold STC £139,950

Property Description

Full description

An excellent investment opportunity, fully let producing a total income of £13,100 pa. The property consists of a self contained ground floor retail unit and self contained two bedroom apartment. The property has been refurbished to a high standard throughout and internal viewings are highly recommended to appreciate the quality.

Ground Floor - The ground floor is occupied by "My Machine" Tattoo artists on the following terms:

Lease from 01.12.13 to 30.11.19
Tenant: Sole trader
Rent: £6,500 pa
Rent reviews: 01.12.15 & 01.12.17
Repair effective full repairing and insuring
Use: Tattoo studio
The Lease is excluded from the Landlord & Tenant Act 1954.

The ground floor has a professional aluminium double glazed frontage with an automated external roller shutter. Internally, the premises are very well presented and hygiene being of significant importance due to the type of business. The retail area consists of a reception and two partitioned rooms, beyond which is the kitchen, w.c and storeroom, all very well presented. To the rear of the property is a shared access with the flat and an internal door, leading into the kitchen. The shop benefits from central heating, emergency lighting, intruder alarm and integrated fire alarm.

Ground Floor Accommodation - The accommodation is as follows:

Sales area: 35.47 sq m (382 sq ft)
Kitchen/store: 6.88 sq m (74 sq ft)

First Floor Flat - The two bedroom flat has a separate address of 10 St Paul's Close and is accessed from the rear, with an intercom system for visitors. The staircase has been enclosed with UPVC windows to provide a welcoming access into the property. Beneficial features include intruder alarm and central heating as well as the detail below.

Kitchen - The kitchen is a feature of the property with excellent natural light, high plastered ceilings with integrated spot lights. The white tiled floor continues to express the quality along with the fitted units, and worktops.

Shower Room - The shower room consists of a white suite with generous corner shower and featured tiling.

Lounge & Second Floor Bedroom - The lounge is bright with a double height ceiling offering something different to the standard accommodation. There is also a UPVC door leading onto the external hallway. The open staircase off the lounge leads to the second floor bedroom, which benefits from under eaves storage.

First Floor Double Bedroom - The double bedroom is accessed from the lounge and forms the front section of the property. The bedroom benefits from carpet, fitted wardrobes with overhead storage and draws.

First Floor Accommodation - The accommodation is as follows:

Galley Kitchen: 2.12 x 3.92 (8.31 sq m (90 sq ft))
Shower room: 2.35 x1.60 (3.76 sq m (40 sq ft))
Lounge: 3.48 X 4.76 (16.57 sq m (178 sq ft))
Bedroom: 3.48 X 3.50 (12.21 sq m (131 sq ft))

Second floor bedroom
2.63 X 3.96 (10.42 sq m (112 sq ft))

The flat is let on a 6 month AST from 16.04.16 at £550 pcm.

Business Rates And Council Tax - The ground floor shop has a Rateable Value £3,900.
The flat is council tax band A.

Services - All mains services are available subject to any reconnection which may be necessary. The services are split for the ground floor shop and first floor flat.

Planning - Bjb recommend that potential occupiers make their own enquiries to the local authority in order to satisfy themselves that their proposed use is authorised in planning terms.

Tenure - Freehold subject to the existing Tenancies upon completion.

Legal Costs - Each party is to be responsible for their own legal costs incurred in connection with the sale / purchase of the property.

Viewings - Strictly by appointment via bjb commercial, Head Office, Lake View, Festival Way, Stoke-on-Trent ST1 5BJ. Telephone 01782 212201. Opening hours are 9.00-5.30pm, Monday to Friday.

Vat - Vat is not applicable.

As the Sellers agent, we are not Surveyors or Conveyancing experts and as such we cannot and do not comment on the condition of the property or other issues relating to title or other legal issues that may affect this property, unless we have been made aware of such matters. Interested parties should employ their own professionals to make such enquiries before making any transactional decisions. We have not carried out a structural survey and the services, appliances and specific fittings have not been tested. All photographs, measurements, floor plans and distances referred to are given as a guide only and should not be relied upon for the purchase of carpets or any other fixtures or fittings. Lease details, service charges and ground rent (where applicable) and council tax are given as a guide only and should be checked and confirmed by your solicitor prior to exchange of contracts. The copyright of all details, photographs and floorplans remain the possession of bjb.

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