DESCRIPTION

The building provides for an efficient self-contained ground floor retail / restaurant unit, with an element of storage at the first-floor level. Included above the restaurant are 3 upper floors of residential accommodation, which includes 4 letting rooms and a one-bedroom apartment. All accommodation is provided in good order with the benefit of long standing / well-referenced tenants.

ACCOMMODATION

Ground Floor

Retail/Restaurant Unit - 768 sq.ft

1^st Floor - Small restaurant store

1^st Floor - Room 1 - Large bedsit

Communal 3-piece house shower room

Communal kitchen

2^nd Floor - Room 2 – Double room

Room 3 – Double room

Room 4 – Single room

Communal 3-piece, house shower room

3^rd Floor - Self-contained 1 bedroom flat

TENURE

The Retail Unit / Restaurant premises are available with vacant possession

The residential lodging units, rooms 2, 3, and 4 are currently occupied by Registered persons paying monthly rentals as follows:

Room 2 - £580.00pm

Room 3 - £575.00pm

Room 4 - £400.00pm

Room 1 and the one----bedroom flat are currently occupied by Entitled persons paying monthly rentals as follows:

Room 1 - £852.00pm

The Flat - £935.00pm

The current total passing rental from the residential units is £40,104pa.

ALTERNATIVE APPROACH

The alternative approach with reference to the residential accommodation would be to utilise the entire residential space as one large town house or keep the letting accommodation at 1^st floor level and utilise the 2^nd and 3^rd floors as one substantial maisonette.