| Property Type | Investment |
| Tenure | For Sale |
| Size | 1,175 sq ft |
| Price | £200,000.00 Plus VAT |
| Energy Performance Rating | Upon enquiry |
Investment town centre property
Key Features
- Ground floor let to 31/01/2026 at £9,000 pa
- 515 sq ft plus 2 bed flat (660 sq ft)
- First floor flat let on AST at £710 pcm
- Town centre location close to Brunel Centre
- Two on site car spaces
Description
A self contained three storey terraced building.
Available area
The accommodation comprises the following areas:
| Name | sq ft | sq m |
|---|---|---|
| Ground - Shop | 470 | 43.66 |
| Ground - Kitchen/store | 46 | 4.27 |
| 1st - 2 bed maisonette with separate rear access | 657 | 61.04 |
| Total | 1,173 | 108.97 |
Location
Located close to the Brunel Centre.
Commercial Lease
The ground floor is let on a 6 year lease from 1st February 2020 to New Recruits Professional Services Ltd (07055014) at a rent of £9,000 pa plus VAT payable quarterly in advance. The tenant has 5 branches and has a Creditsafe rating of A, risk score 78 placing the company credit rating on the upper 25% of companies sampled from the same industry.
The upper floor maisonette is let on an AST at £710 pcm.
Business Rates
The property has a Rateable Value of £5,300 as at 1st April 2023.
EPC's
Ground floor - Band D (97)
First floor - Band D (60)
AML
Purchasers will be required to undertake anti money laundering checks prior to solicitors being instructed.
Legal Costs
Each party will be responsible for their own legal costs during this transaction.
Price
£200,000 plus VAT
