Located on the Southern side of Market Street, close to various retailers, including Superdrug, Specsavers and Boots, as well as estate agents/letting agents and banking facilities which include Nationwide and NatWest.
This three storey mid-terrace building is a mixed use investment with ground floor shop let to Card Factory and four flats above, two having been sold on long leases.
Card Factory
Ground Floor
Rectangular shop floor, W.C, office, staff area and storage.
Tenancy
Let under the terms of a five year commercial lease from 22nd July 2019, at a current rental of £19,250 per annum. It is understood that there was a break clause which was not exercised.
Residential
Access via rear, external staircase.
First Floor
Flat A
Entrance hall, kitchen/Living room, bedroom and shower room with W.C.
Tenancy
Let on an Assured Shorthold Tenancy at a current rental of £725 per calendar month.
Flat B
Entrance hall, kitchen/Living room, bedroom and shower room with W.C.
Tenancy
Let on an Assured Shorthold Tenancy at a current rental of £675 per calendar month. It is understood a new Agreement is to begin in June 2022 at a rental of £700 per calendar month.
Council Tax Band
Flats A and B are both Band A.
Flat C & Flat D
Tenure
Sold on a 125-year lease from the 25th December 2002 at a peppercorn rent.
Viewing
External only.