The property comprises a mixed-use, semi-detached dwelling of brick construction comprising warehouse accommodation and three residential flats.
To the left-side, a former joiners workshop of predominantly open-plan proportions with corrugated monopitch roof over offering heights of 3m - 3.8m with concrete flooring throughout, fluorescent-strip lighting, gas blower heater, and three-phase electrics with access provided via double doors to the front of the property. We attribute an ERV of approximately £15,000 PA exc. to this section.
To the right, entranceway to three independently serviced one-bedroom flats, all offering vacant possession and in need of some renovation, providing a value-add opportunity for any prospective purchaser. We envisage a true ERV of approx. £650 PCM per flat following completion of expected works.
Externally, a block-paved forecourt provides parking for up to three vehicles.
Vacant Workshop Unit with Three 1-bed Residential Flats
For Sale: £350,000 for the Freehold
REDUCED PRICE
Three self-contained flats
Residential ERV: £21,000 PA
Gross ERV (Whole): £36,000 PA (10.3% GIY)
Forecourt parking
Available immediately