Key Features

• Fully income producing retail and residential investment
• Affluent town in coastal region with strong tourism
• Shop trading as convenience store since 19th century
• 3-bed flat has separate access and estuary views
• Passing rent: £19,800 per annum
• Guide price: £240,000 reflecting a net initial yield of 8.04% after purchasers costs

Description

A 19th Century, two-storey building with frontage onto two roads, comprising a ground floor retail unit with separately accessed flat above.

The shop has a plate glass frontage with canopy and signage above, and comprises an open-plan retail sales area plus to rear a small office, a kitchen and basic stores which extend to the rear of the main building.

The flat has 3 bedrooms, living room, large kitchen and bathroom. It could be provided with a rear garden by removal of the single-storey stores which are currently connected to the shop.