Ladywell, Dover, CT16

SUPERB 7% MIXED USE INVESTMENT OPPORTUNITY!

Investment Overview:

Mixed residential commercial investment comprising 6 one bedroom fats let on AST’s and 2 shops.

Residential flats 1-6 are all let on AST’s totalling £3600 per month. Flats 1-6 are all achieving £600pcm. The residential element is accessed by separate entrance at the rear of the property. There is a large hallway with feature oak staircase and a full height picture window. In addition there is a large (11 m2) store and meter room on the ground floor.

The 2 shops are accessed from the street via a recessed covered entrance. Both shops have impressive glazed shop fronts. 7 Ladywell is trading as “Prontos Pizza” under a 15 year lease (2017) at £8600 pa with 3 yearly rent reviews. There has been recent investment and refurbishment by the tenants. 8 Ladywell has recently agreed a new lease with an average income over the next five years of £953pcm.

Main Sales Area (7.77m x 8.13m)

Staff Room (3m x 3.3m)

Bedroom One (2.58m x 2.77m)

Lounge/Kitchen (4.76m x 3.7m)

Bathroom (2.4m x 1.67m)

Living Room/ Lounge (3.65m x 6.93m)

Bedroom One (2.58m x 2.77m)

Bathroom (2.6m x 1.5m)

Bedroom One (3.64m x 2.3m)

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Lounge (4.88m x 4m)

WC (2.6m x 1.5m)

Lounge (4.27m x 4.8m)

Bedroom (3.86m x 3m)

Bathroom (1.47m x 2.9m)