This substantial property occupies a prominent position near the corner of Cobden Avenue and Manor Farm Road. The building comprises four flats and a retail unit, all of the units are currently let and between them produce a sizeable income.
The property also has vehicular access to the side with a car park to the rear.
5 Manor Farm Road
Currently trading as a Tattoo Parlour who are in occupation under the terms of a commercial lease until 31st October 2024 at a current rental of £12,000 per annum.
Flats 5A & 5B both comprise:-
Living room, kitchen, bedroom, bathroom
Both flats are let under the terms of Assured Shorthold Tenancy Agreements, with Flat 5A let at a current rental of £725 per calendar month and Flat 5B let at a current rental of £700 per calendar month.
Flats 5C & 5D
Two bedrooms and bathroom
Both flats are occupied under the terms of Assured Shorthold Tenancy Agreements, with Flat 5C let at a rental of £725 per calendar month and Flat 5D is let at a rental of £750 per calendar month.