Property Information
Address:
46A Saltisford, Warwick, Warwickshire
, CV34 4TD
, Warwickshire
, United Kingdom
Price: Property no longer available.
Size: 1439 sq ft134 sqm
Primary Category: Investment
All Categories:
Investment, Leisure,
Property Ref/Movehut: MH664757
Property Ref/Agent: 2195
*Please use the agent ref when calling the agent directly.
Property description
Fully let mixed use investment. The building has been recently completely refurbished both inside and outside, including the roof, front and rear walls, new windows, new boiler, fully refited residential features and new en-suites across th elast five years. At ground floor is a takeaway in the form of a Turkish Kebab Shop, which has been operating in its current form for over 9 years. The property includes a takeaway counter at the front, with kitchen, store room and WC to the rear. The residential accommodation is accessed from a seperate entrance at ground floor, with two en-suite bedrooms and the communal kitchen at ground floor, with four further en-suite rooms at first floor. All of the rooms have a small kitchen suite and are heated by a gas fired central heating system.
Fully let mixed use investment delivering £48,600 per annum in rent
Costs on rent of £6,170 equate to 12.70%
Gross Yield of 8.1% and Net Yield of 6.82%
Long lease on the takeaway with 6 years remaining
Significant recent expense in refurbishment of the inside and outside of the building
Fully licensed HMO
Rerurbished to a high standard
Residential all let on ASTs
Deposits held totalling £3,450
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