Investment Property, East Yorkshire
Business rates & charges may apply
- SIZE
Ask agent
- SECTOR
Commercial property for sale
Key features
- Annual Rental Income £13,680
- Tattoo Parlour and Two Residential Flats
- Huge Scope to Increase Rents in Line with Market Value
- Situated Only Minutes from the Sea Front
Description
An opportunity to acquire this outstanding investment property situated only minutes from the sea front and offering both commercial and residential investment. Our client has recently substantially reduced the property for a quick sale. Total rental income currently £1,140 per calendar month but offers real scope to uplift this - Annual Rental Income £13,680. Ground Floor: Double fronted retail sales unit, returning £300 per calendar month on a simple tenancy. This rent can be and needs to be set to a market rent which would be substantially higher. Small kitchen areas, toilet and wash hand basin. To the rear is the first apartment, comprising reception, lounge, dining kitchen, bathroom and two bedrooms. The apartment returns £420 per calendar month. First Floor: This is the second apartment comprising reception leading to the dining kitchen, lounge, two bedrooms and bathroom, again returning £420 per calendar month.
Commercial EPC Band D, Flat EPC Band D.
About Ernest Wilson & Co Limited, EW Leeds
The Business Centre, Deanhurst Park, Gelderd Road, Gildersome, Leeds, LS27 7LG
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Notes
Disclaimer - Property reference 586967. 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 Ernest Wilson & Co Limited, EW Leeds. 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.
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