Commercial property ready for investment

Investment Consideration: Gross Initial Yield: 8.47% Current Rental Income: approx. £102,720 p.a. Two-storey residential block of 10 x 1 bedroom, 5 x 2 bedroom and 1 x 3 bedroom flats which benefit from ample parking spaces, managers offices and large outdoor communal area. Located in a semi rural location with close by shops, train station and A57 / M1 motorway network.

++ JUST LOOK AT THE FLOORPLAN ++ An immaculate mixed commercial and residential investment opportunity with estimated potential income in the region of £20,000 p.a ++ BUSINESS NOT AFFECTED ++ High street location ++ MUST BE VIEWED ++

This prime property features 5 flats (4 x 1-bed, 1 x 2-bed) and 2 shop premises below, offering a fantastic investment opportunity. With an annual income of £55,420, don’t miss out!

STUNNING HOME AND BUSINESS OPPORTUNITY - SPACIOUS AND VERSITILE LIVING ACCOMMODATION - SOUGHT AFTER VILLAGE LOCATION - OFFERED WITH NO FORWARD CHAIN - PRESENTED TO A HIGH STANDARD - THREE/FOUR BEDROOMS - FOR SALE BY MODERN - RESERVATION FEE APPLICABLE -SUBJECT TO AN UNDISCOSED RESERVE

***TWO COMMERCIAL UNITS*** ***STARTING BID £100,000 FOR BOTH*** ***INCREDIBLE INVESTMENT OPPORTUNITY*** PREVIOUS PLANNING PERMISSION SOUGHT (NOW EXPIRED) FOR CHANGE OF USE FROM COMMERCIAL TO RESIDENTIAL 2 BEDROOM TWO STOREY DWELLING. (CONTACT BRANCH FOR FURTHER DETAILS) This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided. The winning bidder will pay £300.00 including VAT for this pack which you must view before bidding. The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax. Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional. EPC GRADE D