8 Bond Street
£850,000Size / 3800 Sq Ft
NICHE PROPERTY INVESTMENT
DESCRIPTION
The property is a purpose built mixed commercial and residential building over basement, ground and three upper floors.
We attach floor plans for ease of reference.
ACCOMMODATION
|
Basement |
Storage |
714 sq.ft. |
|
Ground Floor |
Office |
848 sq.ft. |
|
First Floor |
Private Members Club |
1212 sq.ft. |
|
Second Floor |
Two bedroom apartment |
632 sq.ft. |
|
Third Floor |
Storage |
394 sq.ft. |
OCCUPATION/TENURE
Basement
The basement is currently vacant.
Ground Floor
The ground floor offices are currently licenced out for £1,500 per month (£18,000pa) on an internal repairing lease agreement with the tenant being responsible for all utilities consumed on site and Occupier Rates. The lessee is simply holding over, on a monthly basis.
First Floor
The first floor is currently fully fitted out with kitchen facilities, trading as a private members club with kitchen facilities, however, could achieve a change of use to offices, subject to planning. This floor on completion of a sale will be vacant, however fully furnished if required.
Second Floor
The second floor apartment is currently leased out for £1,700 per month (£20,400pa) on an internal repairing insuring style lease, with the occupiers being responsible for all utilities consumed on site and Occupier Rates. The lease has expired, and the lessee is holding over on a monthly basis.
PRICE
Offers are invited in excess of £850,000.
Please call Sarre & Co on 888 848. Please note that all areas and measurements given in these particulars are approximate and rounded. The text, photographs and floor plans are for general guidance only.
Once an offer is accepted and negotiations for the purchase of a property are entered into, the prospective purchasers will be asked to produce photographic identification (passport or driving licence) and proof of residency documentation eg, a current utility bill together with confirmation of source of funds. This is in order for us to comply with the current Money Laundering Legislation.
3800
|Sq / ft
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