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retail shop and 2 bed flat above, prime location, L13 3DA great investment

£115,000

Description

A retail shop on busy road in excellent location. The shop includes storage room, self-contained toilet and washroom. The building is of Victorian period but professionally converted with up to date power and access points, required for modern communication. The shop is offered on an unfurnished basis and is fully let as a Polish Delicatessen. The shop includes shutters, rear access for loading and unloading. The premises also have a 2 bedroom duplex flat above with its own separate rear entrance. The flat includes a spacious lounge, 2 double bedrooms, fully fitted kitchen with range cooker and island worktop, full Double glazing, gas central heating with combi boiler, contemporary fitted 3-piece bathroom suite, laundry area. The property is Located close to local amenities, schools and set centrally to main road links and motorways. The property is fully let at the moment achieving £11,256pa, which is approximately 10% pa yield. However, the rents are due an increase so the yield could increase to 12%.

Additional Details

  • area
    sought after popular location
  • features
    fitted kitchen
  • Features
    full double glazing
  • Investment
    Great annual return

Location

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