1 bedroom apartment for saleWarwick Brewery, Nottinghamshire
Guide Price £107,500
- Investors only!
- One Bedroom
- Allocated Parking
Full description**ATTENTION ALL INVESTORS - PROVEN TRACK RECORD OF 6.9% YIELD**
This apartment is currently let under the terms of an Assured Shorthold Tenancy and is achieving a rent of £600 per calendar month, a gross annual income of £7,200.
Centrick Property is pleased to offer this one bedroom apartment to the market located in this beautifully converted Grade II Listed Brewery. The accommodation comprises open plan living/ kitchen area, one double bedroom and modern bathroom. There is also allocated parking and communal storage area with bike store area.
Warwick Brewery is an award winning redevelopment of a landmark building in Newark-on-Trent. Having been derelict for 18 years, the owner completed a major refurbishment project in 2010. The redevelopment of the original building was complemented by a modern extension of 12 apartments to create 49 apartments (Roundhead Building). The apartments in the original brewery building (Cavalier and Tankard Building) all have stunning original features which make every apartment unique. The development was awarded Joint Winner of the 2010 Regional Award for Heritage by the Royal Town Planning Institute East Midlands Region.
Newark is a thriving market town located just off the A1 on the east side of Nottinghamshire. This historic and charming market town boasts many heritage attractions and activities along with a range of bars and hotels.
Newark is a popular location for commuters due to the easy access both north and south via the A46 and A1, and also benefits from two central train stations offering high speed rail links to Edinburgh and London.
Call Centrick Property today on 0115 855 97 20 and book your viewing.
Entrance Hall - With entry phone, electric radiator and access to store cupboard housing the electric water tank and washing machine.
Living Room / Kitchen - Open plan living and kitchen area
Bedroom 1 - With exposed brickwork, electric radiator, phone and TV aerial point.
Bathroom - With three piece suite comprising of bath with shower over, low level W.C and wash basin, tiled floor and down-lighters.
Lease Information: - The lease term is for 125 Years from 24.03.2010.
Ground rent is £100. 00 P/A for the first 25 years of the term.
Service charges are £852.42 P/A, please note that this figure is subject to an annual review from 1st July till 30th June.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract and are produced in good faith and set out as a general guide only. The intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No employee of Centrick Property (and their Joint Agents where applicable) has the authority to make or give any representation or warranty in respect of the property. Subjective comments in these details imply the opinion of the selling Agent at the time these details were prepared. Naturally, the opinions of purchasers may differ.
For rental properties like most other agents, Centrick Property has to charge some administration fees these include: charge for referencing and additional tenants in order to process your application once you have chosen your ideal property. Inventory fee is charged separately. We try and keep these costs as low as possible and have a price match promise with other agents fees in most areas. Your property advisor will run through any applicable fees in detail with you at your viewing.
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