A great investment in the centre of Wincanton. A shop with parking and maisonette with a present income of £13,000
FOR SALE BY PUBLIC AUCTION ON FRIDAY 2 AUGUST 2019 AT 2:00PM AT THE MEMORIAL HALL, DIGBY ROAD, SHERBORNE, DT9 3NL.
A town centre three storey Grade II listed building providing an excellent income and an ideal investment with a shop and maisonette.
The shop premises are let to Palmer Snell estate agents at a rent of £8,000 per annum.
Shop accommodation: all measurements are approximate
Office area, zone A ? 9.26m x 5.39m
Kitchen ? 3.26m x 2.02m
The maisonette is let on an Assured Shorthold Tenancy at a rent of £450 pcm.
Accommodation: all measurements are approximate
Lobby, stairs to
Kitchen/dining room ? 4.01m x 3.81m
Sitting room ? 4.69m x 5.01m
Bathroom ? 4.57m x 2.03m
Bedroom ? 9.15m x 4.40m
Parking for up to 4 cars.
Shop lease: 5 years from 2007 so the tenant is holding over. No break and no rent reviews. Tenant to keep the demised premises in good and substantial repair and condition. Landlord to keep structure and exterior in good repair and condition. Please refer to the legal pack.
Maisonette lease: AST since 1994 ? now a statutory periodic tenancy.