North Street, Great Dunmow, CM6
Guide Price £690,000
INVESTMENT OPPORTUNITY - MIXED USE
FREEHOLD PROPERTY SOLD AS A GOING CONCERN
Located in the popular town centre of Great Dunmow is this period building split in to three spacious 2-bedroom apartments, one on the ground floor with the benefit of outside space and two on the first floor and the commercial shop unit. There is parking to the rear of the building for all properties concerned.
Tenancy Information provided by the client:
17 North Street - (Commercial Shop) - £750.00 PCM = £9,000 PA
17a North Street - (Residential 2-bedroom apartment) £835.00 PCM = £10,020 PA
17b North Street - (Residential 2-bedroom apartment) £950.00 PCM = £11,400 PA
17c North Street - (Residential 2-bedroom apartment) £1000.00 PCM = £12,000 PA
We are led to believe from the client that all residential apartments are on Assured Shorthold Tenancies and that they are all currently running periodically and the shop is subject to a commercial lease.
Total £3,535.00 PCM
Total £42,420.00 PA
Circa 6% Yield.
EPC:
Flats A & B are Grade E
Flat C is a Grade D
Commercial Shop is a Grade B
VIEWING IS BY STRICT APPOINTMENT ONLY
Summary
INVESTMENT OPPORTUNITY - MIXED USE FREEHOLD PROPERTY SOLD AS A GOING CONCERN Located in the popular town centre of Great Dunmow is this period building split in to three spacious 2-bedroom apartments, one on the ground floor with the benefit of outside space and two on the first floor and the commercial shop unit. There is parking to the rear of the building for all properties concerned. Tenancy Information provided by the client: 17 North Street - (Commercial Shop) - £750.00 PCM = £9,000 PA 17a North Street - (Residential 2-bedroom apartment) £835.00 PCM = £10,020 PA 17b North Street - (Residential 2-bedroom apartment) £950.00 PCM = £11,400 PA 17c North Street - (Residential 2-bedroom apartment) £1000.00 PCM = £12,000 PA We are led to believe from the client that all residential apartments are on Assured Shorthold Tenancies and that they are all currently running periodically and the shop is subject to a commercial lease. Total £3,535.00 PCM Total £42,420.00 PA Circa 6% Yield. EPC: Flats A & B are Grade E Flat C is a Grade D Commercial Shop is a Grade B VIEWING IS BY STRICT APPOINTMENT ONLYFull Description
VIEWING IS BY STRICT APPOINTMENT ONLYViewing/Disclaimer
Please contact us on 01376 550010 if you wish to arrange a viewing appointment for this property or require further information.Centurion - Braintree endeavour to maintain accurate depictions of properties in Virtual Tours, Floor Plans and descriptions, however, these are intended only as a guide and purchasers must satisfy themselves by personal inspection.