A superb refurbished and historic freehold property for sale. An investment property comprising a centrally located shop premises, with a self-contained first and second floor flat situated on Leicester Street adjacent to Wilton and Egerton Park. The building has been reroofed and updated internally and is fully let to three individual tenants providing an annual income of £15,380. The ground floor shop offers 419 sq. ft of retail space, currently let to a nail bar. The first floor flat has two bedrooms with the second floor flat having two interconnecting bedrooms. Externally there is a shared courtyard to the rear of the premises. Parking is available close by at Parkside and Burton Street.
Ground Floor Shop A refurbished ground floor retail premises currently let to 'Melton Nail Bar' for £5,000 per annum. The ground floor space has a main entrance door on Leicester Street with large glazed windows and a second entrance door from the side passageway. The shop is 419 sq. ft. and comprises one large retail sales area, a kitchen and ground floor WC. The shop is let on a 3 year contract which commenced in February 2017.
Main Retail Shop22'4" x 14'10" (6.8m x 4.52m). With wood laminate flooring, two large glazed windows to the front elevation and central glazed door, fire escape and access to the side, step to a platform with access through to the kitchen.
Kitchen8'9" x 7'4" (2.67m x 2.24m). Fitted with a range of white gloss wall and base units with laminate worktops, stainless steel sink with mixer tap and hot water tap over.
WC5' x 4'1" (1.52m x 1.24m). Having a two piece white suite comprising wash hand basin and WC, tiled splashbacks to the walls and wall mounted Triton electric heater.
Apartment One Accessed to the rear of the shop with a private door and communal entrance hallway to both the first and second floor flat. Flat One is located on the first floor and comprises:
Lounge/Diner14'7" x 12'9" (4.45m x 3.89m). With carpeted flooring, electric heater and space for both seating and dining. Open plan through to:
Kitchen9'5" x 8'11" (2.87m x 2.72m). Fitted with modern wall and base units with laminate work surfacing with an inset stainless steel sink. Integrated electric oven and induction hob with extractor fan over. Tiling to the walls, vinyl flooring and French doors out to a Juliet balcony enjoying elevated views out towards the park
Bedroom One11'5" x 9'10" (3.48m x 3m). With an attractive sash window to the front, electric heater and carpeting to the floor.
Bedroom Two9' x 7'8" (2.74m x 2.34m). Accessed via the lounge, this small double bedroom has a sash window to the front, electric radiator and carpeted floor.
Bathroom6'7" x 6'2" (2m x 1.88m). Fitted with a white three piece suite comprising a panelled bath with shower over, wash hand basin and low level WC. Electric heater, tiling to the walls and vinyl flooring.
Apartment Two Located on the second floor with access via the communal landing into an entrance hall, doors off to living/dining/kitchen.
Kitchen Area8'11" x 8'10" (2.72m x 2.7m). Fitted with modern wall and base units with built-in electric oven, hob and extractor fan, space for further appliances, sink with neutral tiling to the walls and vinyl flooring. The kitchen area has French double glazed doors and Juliet balcony with elevated views towards the Park, vinyl flooring and opening through to the dining area.
Lounge/Dining Area15'1" x 8' (4.6m x 2.44m). With carpeting and a wall mounted electric heater.
Bathroom6'7" x 6'7" (2m x 2m). Fitted with a white suite comprising panelled bath, wash hand basin, WC, electric heater, tiling to the walls and vinyl flooring.
Bedroom One11'6" x 10' (3.5m x 3.05m). With an attractive sash window to the front elevation, electric heater and carpeting, opening through to dressing room/office.
Dressing Room/Study8'10" x 7'9" (2.7m x 2.36m). With sash window to front elevation, carpet and electric heater. Please note, this would make an ideal second bedroom but currently has no independent access, however, we believe it would be possible to create an independent access into this room from the lounge area.
Agent's Note All three elements of the property are fully let. The two apartments are let on 6 months Assured Shorthold Tenancies with the ground floor let under a Commercial Lease until February 2020. For further details please contact Bentons' office on 01664 563892.
Outside - Rear There is a communal block paved courtyard for ease of maintenance which is shared between the two apartments. The property does not have any allocated car parking, however, there are a number of public car parks located within close proximity at Parkside and Burton Street.
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This is a Freehold property.
