Investment Opportunity: Commercial Shop premises along with 4 self contained flats with a current income of £33,600 pa.
FOR SALE BY PUBLIC AUCTION ON FRIDAY 29 SEPTEMBER 2017 AT 2.00PM AT THE DIGBY HALL, HOUND STREET, SHERBORNE, DT9 3AB
Investment Opportunity: Commercial Shop premises along with 4 self-contained flats with a current income of £33,600 pa. For sale by Auction on 29th September 2pm @ The Digby Hall, Sherborne, Dorset.
Virtual tour links for the 4 flats are detailed below:
There are four residential self-contained flats (on the first and second floors) with access from Peter Street. Comprehensive conversion in 2002 means that each flat now comprises a sitting room, kitchen, bathroom and bedroom. All of the flats have gas fired central heating and new PVC double glazing and are let under assured short hold tenancies.
The ground floor shop premises (including a basement 110.4 sq. mtrs/1,188 sq. ft) is currently let to Hays Travel Agents at a rent of £13,500 pa (under a new 9 year lease as from 3rd July 2017).The lease has tenant only breaks at the end of 3rd and 6th year, subject to 6 months prior written notice.