Carigiet Cowen Chartered Surveyors — expert, efficient and personal serviceRegulated by RICS

About this property:

***AVERAGE RENTAL INCOME AROUND £70,000 PER ANNUM***
***FREEHOLD INVESTMENT***
***TOWN CENTRE LOCATION***
***MIXED COMMERCIAL AND RESIDENTIAL***

A Grade II listed building arranged over three floors. The ground floor is currently fitted out and trades as a good quality restaurant with direct access from King Street, and also a secondary access from Rowcliffe Lane at the rear.
The first and second floors at the front of the building are currently fitted out as office suites with their own dedicated access off King Street.

The rear section of the building has been converted to provide a mixture of 4 no. 1 bed flats and 2 no. 2 bed flats which are privately rented on Assured Shorthold Tenancy agreements.

ACCOMMODATION/AREAS
Ground Floor Restaurant
Restaurant & Bar Area 92 sq m (990 sq ft)
Kitchen, Prep & Storage 38 sq m (410 sq ft)
Entrance Area & WCs 18.3 sq m (200 sq ft)

First & Second Floor Offices
First Floor Office & Ancillary
79 sq m (850 sq ft)
Second Floor Office & Ancillary
83.5 sq m (900 sq ft)

Second Floor Storage (above 1.5m)
14 sq m (150 sq ft)

Residential Flats
Flat 1 – 1 bedroom 23.25 sq m (250 sq ft)
Flat 2 – 1 bedroom 27.87 sq m (300 sq ft)
Flat 3 – 1 bedroom 24.22 sq m (260 sq ft)
Flat 4 – 1 bedroom 25.51 sq m (275 sq ft)
Flat 5 – 2 bedroom 55.75 sq m (600 sq ft)
Flat 6 – 2 bedroom 46.45 sq m (500 sq ft)

Offers in the region of £775,000 + VAT are invited for the sale of the freehold investment.

Terms: For Sale: £775,000 + VAT
Size: 0.00 m² (0 ft²)
Postcode: CA11 7AY
Ref:BB/7060