Key Features:
* Good Freehold Investment Proposition
* Large, End Terrace/Corner Plot Building
* Long Standing Coffee Shop/Café Tenant
* 2 Flats Above, both Let
* Total Rent Currently Achieved £30,800 p.a
* Secure Yard & Additional Storeroom
* Strongly Located, Opp Main Railway Station
* 9.6%+ Return on Investment Opportunity
* Recommended By Us At EM&F
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A large and imposing end terraced, corner plot property, long established, enjoying strong rental income and being positively situated directly opposite the towns main train station.
Long standing Coffee shop/Cafe tenant currently on a 20 year lease advised (16 Yrs appx remaining) and with the added bonus of 2 further self contained flats above (also both tenanted).
Respected 5 star hygiene rated Cafe with good, regular client base advised. Tidily presented and equipped throughout with 60+ covers, having all required trading facilities, a secure rear yard/access (shared with flats) and additional garage/stockroom facility to the very back of the property/plot.
Rent of £20,400 p.a currently achieved (Cafe & stockroom/garage)
The 2 flats above (2 bed & 3 bed) are both spacious and generally welcoming. Both are duly tenanted and currently achieve rental income combined of £10,400 p.a
Overall, the total rental income currently achieved/enjoyed from this property is £30,800 p.a.
Strong investment property/opportunity (Open to price negotiation) and which we at EMF therefore recommend for earliest viewing and consideration.
EPC Ratings.
CAFE C FLATS: E
