Two superb, modern, detached brick built, investment properties comprising five, two bedroomed apartments to the first floor with five retail units on the ground floor producing a total income of £4,986.00 per month which is an annual income of £59,832.00.
730 square feet situated immediately adjacent to a popular town centre car park and town library. The shop offers a natural pedestrian thoroughfare from High Street and Chapel Street to Severn Square. . Ideal for the start up business.
1 Chapel Walk:
Retail Shop: 9.07m x 8.13m (29'9" x 26'8"), The unit has a maximum internal width of 8.13m, an overall depth of 9.07m And a total area of approximately 730 square feet (67.81 square metres). The retail unit has a kitchenette and a WC with low flush WC and wash hand basin. Let at £500.00 per calendar month, lease expiries 18th May 2025.
First Floor:
2 Chapel Walk: , A two bedroom apartment let at £590.00 per calendar month. Comprising side entrance hall, landing, lounge 4.03m x 5.89m kitchen3.68m x 3.48m, Bedroom 1 3.08m x2.98m , Bedroom 2 2.96m x 2.53m and bathroom 2.68m x 2.06m containing a three piece suite with shower over bath.
Retail Unit: , Let at £350.00 per calendar month the lease expires 15th October 2039.
3 Chapel Walk:
Retail Unit: 7.09m x 5.91m (23'3" x 19'5"), The unit has a maximum internal width of 7.09m, an overall depth of 5.91m. Part glazed entrance door, single glazed display window, suspended ceiling with fluorescent lighting. The has a kitchenette and a WC with low flush WC and wash hand basin. Let at £475.00 per calendar month, lease expiries 31st March 2024.
3a Chapel Walk: , Hallway, living kitchen 5.92m x 3.26m, bedroom 13.08m x 2.98m, bedroom 2 2.96m x 2.53m and bathroom 2.63m x 1.76m with a three piece suite with shower over bath. A two bedroom apartment let at £563.00 per calendar month.
4 Chapel Walk: 9.56m x 5.88m (31'4" x 19'4"), The unit has a maximum internal width of 5.88 m, an overall depth of 9.56m and a total area of approximately 600 square feet (55.62 square metres). Part glazed entrance door, single glazed display window, suspended ceiling with fluorescent lighting. The unit has a WC with low flush WC and wash hand basin. Let at £493.00 per calendar month, lease expiries 1st July 2026.
4a Chapel Walk: , Side Entrance Hallway, lounge area 3.47m x 5.89m,kitchen area 2.79m x 3.36m, bedroom 1 2.98m x 3.70m, bedroom 2 and bathroom 1.76m x 2.63m A two bedroom apartment let at £570.00 per calendar month.
5 Chapel Walk:
Sales Shop: 5.84m x 10.63m (19' x 34'11"), The unit has a maximum internal width of 5.84 m, an overall depth of 10.63m and a total area of approximately 729.92 square feet (67.81 square metres). Part glazed entrance door, single glazed display window, suspended ceiling with fluorescent lighting. The has a kitchenette and a WC with low flush WC and wash hand basin. Let at £493.00 per calendar month and the lease expires 11th August 2029.
5a Chapel Walk: , A two bedroom apartment let at £580.00 per calendar month.
Viewing: , Please note the property is being sold as commercial transaction with a fully let income. All enquiries are strictly by agreement ad appointment through Savidge & Brown 01773 831111 pressing option 2 for sales.
Services: , Mains electric water and drainage are connected to each unit.
Offer Procedure: , Before contacting a Building Society, Bank or Solicitor you should make your offer to our office and speak to a member of staff dealing with the sale as any delay may result in the sale being agreed to another purchaser incurring unnecessary costs. Under the Estate Agency Act 1991 you will be required to provide us financial information in order to verify your position before we can recommend your offer to the vendor. We will also require proof of identification in order to adhere to Money Laundering Regulations.
Disclaimer: , Whilst we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point, which is of particular importance to you, please contact the office. SERVICES: The Agents have not tested any apparatus, equipment, fittings or services and so cannot verify they are in working order. The buyer is advised to obtain verification. MEASUREMENTS: Please note all the measurement details are approximate and should not be relied upon as exact.
Two superb modern brick built investment properties comprising five two bedroomed apartments to the first floor
Five retail units fully let with long standing tenants
Producing a total income of £4,986.00 per month which is an annual income of £59,832.00
Offers a natural pedestrian thoroughfare from High Street and Chapel Street to Severn Square
Situated immediately adjacent to a popular town centre car park and town library
Situated adjacent to the 170 space pay and display car park