Commercial Investment Producing £14,550pa

£135000

Business Type

Tenure

Key features

  • Freehold Investment
  • Producing £14,550 pa
  • 3 Ground Floor Shops Currently Let to Established Businesses
  • 5 Flats Sold on Long Leases with Ground Rent
  • Flat Available to Purchase
  • Service Charge in Operation
Commercial Investment Comprising of 3 Ground Floor Shops and 5 Flats Sold on 125 Year Leases.

More details

Situation and Description
A compact commercial investment property comprising of 3 retail units, all let to established local businesses. The upper floors  have been converted  to 5 self contained apartments with 3 flats over 19 & 21, known as 19a, and two over 15, known as 17.

The vendors recently acquired flat 2 at 17 East Street and refurbished it, including adding a balcony outside space. At the moment this unit is empty and available to purchase in addition to the freehold , either vacant or tenanted if required. We also are aware that the owner of Flat 1, 17 East Street is also looking to sell following the recent departure of their tenant.

Service Charge, Insurance and VAT
Both the commercial and residential properties are required to pay a Service Charge and contribute to Building Insurance costs under the terms of their Leases

Waycotts currently manage this property and as at August 2025 we can report that there are no arrears in service charges. Further details are available.

We understand from our clients the building has not been elected to VAT.

Viewing strictly by prior appointment contact

Nick Wheeldon MRICS  01803 403060 or [email protected]

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