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£139,950

(£106.59/sq. ft)

Retail premises for sale

Station Road, Seaham SR7
1,313 sq. ft

£139,950

(£106.59/sq. ft)

Retail premises for sale
Station Road, Seaham SR7

    • 1,313 sq. ft

About this property

  • Mixed Use Investment

  • Potential Annual Income 15,200

  • Vacant Retail Unit

  • 2 Bed Upper Flat

  • Popular Location

  • Freehold Title

Summary

2 bedroom upper flat .. Ground floor ex shop
Mixed use development comprising of commercial unit on the ground floor and flat on the first floor.

Ideal for investment, having a minium achievable joint rental income 1170pcm, giving a 15,200pa income.

The ground floor is a vacant retail unit with an achievable rental income of 650pcm (8,450pa), most recently used as a hairdressers.

Commerical unit floor plan: Main reception / shop area, second inner reception and treatment room, there is also a kitchen, cloaks/WC and rear yard.

The upper floor flat, let for 520pcm (6,760pa), currently tenanted due to vacate.

First Floor Flat floor plan: Entrace hall, Staircase, landing, lounge, dining room, kitchen, bathroom, two bedrooms and garage.

The property is in very good order with two separate heating systems, electrics, double glazing etc. There is also a yard and larger garage to the rear. Viewing is essential for full appreciation.

Main Reception Room

With double glazed bay window and radiator 5.10 x 4.50

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