Fully Let Mixed-Use Investment – £33,240 Annual Income
For viewings requests, please contact Your Move Crawcrook on O11914135051
Description
An excellent opportunity to acquire a fully let mixed-use investment property comprising three self-contained flats and a ground floor retail unit, generating a strong rental income.
The accommodation includes:
11A Main Street – One-bedroom flat, sold with sitting tenant paying £495 PCM
11B Main Street – One-bedroom flat, sold with sitting tenant paying £450 PCM
11C Main Street – Two-bedroom flat, sold with sitting tenant paying £575 PCM
Ground Floor Shop Premises – Let on a 10-year lease at £1,250 PCM (currently let, though no trading business has commenced)
Total Current Income: £2,770 PCM / £33,240 per annum
Located on Crawcrook’s Main Street, the property is well-positioned close to local shops, amenities, and transport links, making this an attractive long-term investment.
Auctioneer’s Note:
This lot offers a ready-made investment opportunity with an established rental income stream. Buyers are advised to consult the legal pack for full tenancy details.
Tenure: Freehold (further details within the legal pack)
EPC Ratings: Available within the legal pack
Tenure: Freehold
EPC Rating: see legal pack
Important Notice to Prospective Buyers
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Administration Charge
£3,600 inc vat payable upon the fall of the virtual gavel
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- Unconditional (Immediate Exchange)
Call the team on 0191 908 9691 for more information
Disclaimer: The map preview provided above is for general guidance only and may not accurately reflect the exact location or surrounding buildings. Prospective buyers and interested parties are strongly advised to independently verify the precise location and surroundings before bidding.
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