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Freehold Buy To Let Shop With 2 Bed Flat Over

Llanelli Carmarthenshire
A ‘Buy to Let’ commercial and residential property previously operating as a Post Office. The property has a lock-up retail or office premises to the ground floor with a self- contained two bedroom flat to the first floor. Price has been slashed
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 40354
ADVERT IMPRESSIONS : 16,544 TIME(S)

 
BUSINESS SECTOR: Commercial Property
TRADE TYPE: Investment Properties
SALE: Agent Sale

FREEHOLD:

£89,995
 

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BUSINESS DETAILS:

A ‘Buy to Let’ commercial and residential property previously operating as a Post Office.
The property has a lock-up retail or office premises to the ground floor with a self-contained two bedroom flat to the first floor. The property price has been slashed for a quick sale.

The shop is rented out on a yearly lease for £200 per month and the flat has an income of £400 per month on a short term lease. The income equates to almost 8.25% yield on the property price

The premises are suitable for most retail or office uses (subject to the necessary permissions being granted)


Location: The property is well located amongst other retail, commercial and residential properties on a busy road and close to the town centre.

Premises:
Good sized sales shop (approx.300 sq ft) fitted with slotted walls for display. There is a suspended ceiling fitted with integral lighting units. The entrance is fitted with a security gate.
At the back of the shop there is a storeroom (approx.100 sq ft), a small kitchen area and a staff toilet. There is access to the rear yard that in turn has access to a rear lane.



Accommodation:
The flat over is accessed via a front UPVC door with stairs up to the first floor, There are two bedrooms, bathroom, separate toilet, a lounge and a kitchen/diner.

The flat is rented out (£400 per month) on a short term lease.

Tenure:
Freehold
Business Rates: £TBA per year (Free until 1st October 2012)
   
  FOR SALE
   

REFERENCE:

MS 390 / RightBiz
   
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