A superb opportunity to purchase the Freehold on this property located on an extremely sought after road in the urban village of Joydens Wood.
The unit sits along a parade of shops, which include an off licence and hair dressers. There are also three local schools as well as a community centre in the village.
Comprising of a commercial which currently holds an A2 licence, a useful basement and a one bedroom residential flat on the first floor.
The flat above spans 503 SQ FT, the commercial 625 SQ FT and the basement 350 SQ FT
Total unit SQ FT 1478
To arrange a viewing, please call Donna on 01322 413 501
With storeroom to the side
You can expect to achieve approx £775.00 pcm for the one bedroom flat. Whilst the commercial should command around £1,000 pcm. Giving you an approximate rental income on both for around £21,000 per annum. The possible rental yield would be 8.1% pa.
These particulars are intended to give a fair description of the property but their accuracy cannot be guaranteed, and they do not constitute an offer of contract. Intending purchasers must rely on their own inspection of the property. None of the above appliances/services have been tested by ourselves. We recommend purchasers arrange for a qualified person to check all appliances/services before legal commitment.
Contact Land Estates for more details
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