This retail and residential investment is located in a prime pedestrianised position on John Street with other occupiers on the Street including Costa Coffee, Specsavers, Greggs, Boots, Holland & Barrett, Card Factory, Peacocks, Poundland and Peter Alan, together with a great variety of independent café and retail operators.
The investment comprises a ground floor retail unit with the upper floors being a vacant 2/3 double bedroom maisonette.
The ground floor is let to David Jenkins Limited t/a Jenkins Bakers on a recently renewed lease expiring 2034 on full repairing and insuring terms at £15,500 p.a. The vacant maisonette provides excellent potential to refurbish and re-let or convert into 2 apartments and / or extending at the back to create significant additional income.
The property is freehold and we are informed that it is not elected for VAT.
The price has now been REDUCED TO £299,000 for this prime retail and residential investment.
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