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Residential Development for sale

King Street, Frome

Sold by Us £329,000

Property Description

Key features

  • Town centre location
  • Mixed use investment
  • Ground floor shop unit
  • Three flats over
  • Rental income of about £25,000
  • Sold subjec to existing tenancies

Full description

Tenure: Freehold

DESCRIPTION 15 Kings Street offers an excellent investment opportunity that is currently let and generating an annual income of about £25,000.

The ground floor comprises a lock up shop unit let to Elli fashion. It has a great road frontage with large display window. The shop comprises a good retail space with changing rooms to the rear. Beyond this is an office/staff room with kitchen area and WC. Doors from here lead to the rear of the property.

The flats are accessed through a separate front door to the side. Flats 1 and 2 come off the first floor landing and Flat 3 is on the second floor. Flat 1 sits to the front of the property and comprises an open plan living space with sitting area and kitchen. There is also a double bedroom and separate bathroom. Flat 2 offers the same accommodation, although it is configured differently. Flat 3 occupies the second floor and offers an open plan living space, two bedrooms and a bathroom.

Outside
There is space to park one car on a ramp to the rear of the property 

 


More information from this agent

Map & Street View

Disclaimer - Property reference 101148010979. 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 Cooper & Tanner, Frome. 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.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Cooper & Tanner, Frome on 01985215579.


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