Withdrawn
Withdrawn Prior
Sold
Sold Prior
Sold Post
The property comprises a high yielding mixed use investment forming part of a popular local parade.
Arranged across ground, first and second floors, the property includes a commercial unit to the ground floor, with two flats above benefitting from separate access from Albert Road.
The ground floor is let to Hatch Cafe on a lease producing £7,020 per annum. The first floor is let to a private individual on an AST producing £6,292 per annum. The second floor is let to a private individual on an AST producing £8,400 per annum.
There may be further opportunities for rental growth, particularly in the residential element of the property.
Albert Road is a popular retail location and forms the principal arterial route between the popular Stoke Village and the dockyard.
Tenure
Freehold
Tenancy
Please see the tenancy schedule for full information.
Rent
Notes
We understand the property is elected for VAT, it is anticipated the sale will be treated as a Transfer of a Going Concern (TOGC).