Offers Over £260,000 (Freehold)
***MIXED USE INVESTMENT OPPORTUNITY***A mixed use investment opportunity that includes 2 x 1 bedroom self contained flats with off street parking and a mechanics workshop & yard located to the rear which has been successfully operated as a repair garage for a number of years. The residential side is a converted end of terraced house which has a 1 bedroom flat to the ground floor and a further 1 bedroom flat to the second floor, both of which have their own independent entrance and there is an area for off street parking immediately in front of the property. Both of the flats are currently occupied and will be sold with sitting tenants paying £460pcm each flat. The workshop/mechanics garage to the rear of the property includes 2 dedicated vehicle bays, tyre fitting area/storage, a reception area/office and an outside WC. There is also a yard area to the side of the workshop and vehicle access is via Elsiemere Walk. The workshop is currently held on a lease until October 2025 generating £200 per week but there may be the option to release the current contract if a new owner requires the property vacant for their own use. The property therefore generates an income of £21,440 per annum
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Maintenance
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