Freehold Investment Property In Dover

Business Description

LOCATION
These two adjoining premises occupy a prominent trading position fronting the High Street of this popular Kent town, being close to all the multiple stores, banks offices etc and serving a densely populated residential area.

BUSINESS
Shop 1 (No 8) let on a 21 year FRI lease from March 2021 @ £11,000 PA. (3 year reviews)
Shop 2 (no 6) Income £6,000 PA.
2 Bedroom flat (No 8) currently let on AST producing £850 PCM
1 Bedroom flat (No 6) currently let on AST producing £700 PCM
Current income £35,600 PA

PREMISES
Two Mid parade shop premises with attractive double aluminum framed frontages fitted with elect. security shutters.
Shop 1 (No 8) Retail Area: 620 sq/ft Store Room: Staff W.C. Access to rear.
Shop 2 (No 6) Retail Area: 280 sqft. Store Room: Staff W.C. Access to outside.

Communal front entrance with stairs to first floor landing giving access to one 1 bedroom flat and one 2 bedroom flat.

TENURE
Freehold.

EPC RATING
Band C

BUSINESS RATES
Nil currently payable

Property Information

Property:

Freehold

Premises details:

Two Mid parade shop premises with attractive double aluminum framed frontages fitted with elect. security shutters.<br>Shop 1 (No 8) Retail Area: 620 sq/ft Store Room: Staff W.C. Access to rear.<br>Shop 2 (No 6) Retail Area: 280 sqft. Store Room: Staff W.C. Access to outside.<br><br> Communal front entrance with stairs to first floor landing giving access to one 1 bedroom flat and one 2 bedroom flat.<br>

Other Information

Furniture / Fixtures value:

Undisclosed

Inventory / Stock value:

Undisclosed