Description
* GRADE II LISTED BUILDING & COURTYARD COMPRISING OF 16 UNITS
* 11,649 sq ft in total
* 9 retail, 4 offices & 3 apartments
* Income producing
We are delighted to offer for sale this outstanding and well established mixed use Grade II listed building and courtyard premises comprising a total 16 units, which include a healthy mix of retail units, offices and residential accommodation. Such marque properties seldom come to the open market and this is therefore a unique opportunity not to be missed.
The 16 units offered can be broken down into a total of 9 retail units, 4 offices and 3 residential apartments. The property is fully let and income producing other then Apartment 15B which has recently been refurbished and offers a large 3 bedroom maisonette apartment over first and second floor. It was previously let at £650 p/m however would likely now achieve a higher figure following the refurbishment.
The tenancy schedule is illustrated below but the tenant mix briefly includes, Dacre Son & Hartley estate agents, Sypeland outdoor clothes shop, a florists, café/coffee shop and an art gallery among others. The majority of the commercial tenants have been in situ for many years and their leases are now holding over. Some of the rents are based on historic rates and so this does offer potential rental growth opportunities to prospective purchasers.
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