When fully let, this mixed use investment generates an income of £14,500 per annum which would equate to a gross return of almost 20% based on the quoted guide price. The seller has advised us that one of the tenants has been in occupation 24 years while the other has been in 6 years. The property comprises a retail unit, residential accommodation above with three rooms and a shared kitchen and bathroom with an advertising hoarding to the side of the building. Please see the rental table for more information. The property is located on a busy road in the town of South Emsall.
Shop with kitchen and WC. Room 1 with kitchenette.
Room 2 - communal kitchen, WC and shower room.
Advertising hoarding to the side and parking to the rear.
Charges and Payments
In addition to the deposit Administration Charge: 0.9% inc VAT of the purchase price subject to a minimum of £1,080 inc VAT.
Energy Efficiency Rating (EPC)
Current Rating Please refer to the legal pack
Wakefield Metropolitan District Council
Administration Charge - See above
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.