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Commercial property for sale in Broadway, Sheerness

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Commercial property for sale

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Property features

Ideal, fully let, freehold investment opportunity
Comprises ground floor shop and 2 x 1 bed flats
Combined income of £27,000 per annum
Shop let on new 10 year lease
Both flats are modernised throughout
Situated in the heart of the town on a prominent parade
Call Mark at the office for more information.

Property description

Rule & Rule are delighted to offer this very well maintained freehold investment opportunity comprising a ground floor retail premises, currently let on a new 10-year lease and two modernised 1 bedroom flats, both let on assured short-hold tenancies generating an annual rent of £27,000. The whole property has benefitted from significant investment this past 4 years and is fully up to date with fire regulations.

The property is situated in a prime town centre location and benefits from good footfall and vicinity to all local amenities. The shop is currently trading as an established funeral directors with the tenants about to sign a new longer 10 year lease at an increased rent of £1100 per month (£13,200). The two one bed flats are let at £650 per calendar month for flat 1 and £500 per calendar month for flat two, combined £13,800 per annum. Each flat has 1-bedroom, electric heating and modern kitchens and bathrooms.

Please Contact Mark at the office for further details

Property info

Full Details

Floorplan(s): Floorplan 1

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Transport Schools Healthcare Food stores Restaurants/bars Sports/health clubs Parks/recreation

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Rule & Rule, and do not constitute property particulars. Please contact Rule & Rule for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.