Investment Opportunity

£550,000

Guide price

  • Bedrooms: 7
Saxons are pleased to offer this freehold opportunity to the market which is centrally located and comprises of a retail unit let on a new 3 year lease, 5 x one bedroom apartments and 1 x two bedroom apartment all let on AST's. The property is currently achieving £43,605 per annum to mainly long term tenants increasing to £44,805 in 2022, however we would expect a income of £47,700 to be achievable.

AGENTS NOTE

Please note the vendors have asked as not to unsettle their current tenants we confirm any potential buyers finances prior to a viewing.

The vendor has confirmed they have the EICRS (electrical safety certificate) are up to date.

For more information please contact Saxons

Shop

Currently let on a three year lease at £625 PCM increasing in 2022 to £750 PCM

EPC

Apartment A

1 Bedroom apartment let at £471.25 PCM - EPC - D

Open Plan Living Area - 12' x 11'6

Bedroom - 12'4 x 10'6

Shower Room

Apartment B

1 Bedroom apartment let at £475 PCM - EPC - D

Lounge 11'6 x 9'5

Kitchen 7'2 x 6'1

Bedroom 11' x 10'

Bathroom

Apartment C

1 Bedroom Apartment let at £487.50 PCM - EPC-D

Lounge 16'4 x 11'10

Kitchen 7'5 x 6'3

Bedroom 11' x 10'

Bathroom

Apartment D

2 Bedroom Apartment let at £600 PCM - EPC - C

Lounge - 10'7 x 8'10

Kitchen 6'6 x 6'6

Bedroom 1 11'4 x 7'1

Bedroom 2 8'7 x 7'1

Bathroom

separate WC

Apartment E

1 Bedroom apartment let at £475 PCM - EPC - D

Lounge 11'4 x 10'9

Kitchen 11'7 x 5'

Bedroom 11'6 x 10'3

Bathroom

Apartment F

1 Bedroom apartment let at £500 PCM - EPC - D

Lounge - 16'5 x 11'

Kitchen - 6'6 x 5'6

Bedroom 11' x 10'10

Bathroom

MONEY LAUNDERING REGULATION 2012

Intending purchasers will be asked to produce identification, proof of address and proof of financial status when an offer is received. We would ask for your cooperation in order that there will be no delay in agreeing the sale.

These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. intending purchasers should not rely on them as statements of representation of fact but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms employment has the authority to make or give any representation or warranty in respect of the property.

Arrange viewing 01934 782969

Saxons - Weston Super Mare

21 Boulevard, Weston-super-Mare, North Somerset

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