Investment Freehold PLC Shop with 4 Flats in Minehead Ref 24333

SIZE:
* Ground Floor: Retail Shop 187 sq m (2,015 sq ft) Open plan retail, Storage, WC
* Rear Ground Floor: Detached Studio Flat 25 sq m (269 sq ft) Double Bed, Kitchen/Living Room, Bathroom
* First Floor: Flat 1 47 sq m (506 sq ft) 2 Bedrooms, Kitchen, Living Room, Bathroom
* First Floor: Flat 2 47 sq m (506 sq ft) 2 Bedrooms, Kitchen, Living Room, Bathroom
* Second Floor: Flat 3 28 sq m (302 sq ft) Double Bed, Kitchen/Living Room, Bathroom
Total area size: 334 sq m (3,598 sq ft)

Tenancy:
The ground floor shop is at present let for a term of 10 Years from 20th October 2022 at a current rent of £30,000 per annum and the lease contains full repairing and insuring covenants. The Vendor will top-up rent upon completion to the equivalent of £32,500 per annum.

Lock up shop is being let out currently at £35k P.A with a PLC tenant.
Generating Total income of £55k P.A from residential and commercial

Tenure: Freehold

Offers in excess of £750,000

Call BTC for further details and appointment for viewing: 020 8889 7474 or email us at commercial@btcint.com

Tenure: Freehold