Property Information
Address:
258 - 260 Mill Road, Cambridge, Cambridgeshire
, CB1 3NF
, Cambridgeshire
, United Kingdom
Price: Property no longer available.
Size: 4353 sq ft404 sqm
Primary Category: Investment
All Categories:
Investment, Shop,
Property Ref/Movehut: MH663013
Property Ref/Agent: 20012356
*Please use the agent ref when calling the agent directly.
Property description
An end of terrace mixed use freehold commercial investment comprising two ground floor retail units with twelve residential HMO rooms split between the ground and first floors.
The residential element and communal areas have been comprehensively refurbished throughout. This has included the replacement of the floors, doors and lighting. There is neutral paintwork throughout with a bright shared kitchen area. All of the bedrooms are spacious with natural light, with the two ground floor bedrooms including en-suites. The first floor rooms share the modern bathroom facilities and all tenants benefit from free wi-fi. There is a convenient separate access to the rear of the property which is accessed via Romsey Terrace. This offers a secure external secure yard used for cycle and bin storage. All of the tenants are professionals.
The ground floor comprises two lock-up retail units with access to the yard to the rear. There is on street seating to the front of the units.
Mixed Use Retail and Residential Investment
15 minute walk to train station
Total net rent of £119,072 per annum
12 fully let residential rooms
Two ground floor retail units
The commercial parts of the property have been used as retail complying with Use Class E and the residential element operates under C4 of the Town and Country Planning (Use Classes) Order 1987 (as amended).
The Property has EPC ratings of B, C and D. Copies available on request.
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