Unit 2, Mill Street, Armthorpe, Doncaster, DN3 3DL

Description: A commercial and residential investment property tenanted, on lease and tenancy, and returning investment income. The property is situated on a main road location, within a parade of shops, with on-street car parking. Both tenants are long standing and there is approximately 6 years un-expired on the shop lease.

Further information including viewing arrangements, contact 01302 830303 or 07966 226073. All appointments to be made through this office and under no circumstances must any approach be made direct to the vendors.

Location
Situated to the north of Doncaster in the village of Carcroft within a small parade of shops. The surrounding area benefits from a variety of shops and commercial premises including a well-known supermarket and the subject property is next door to a Post Office. The surrounding area is also densely populated with a mixture of council and private homes.

Description

A commercial and residential investment property tenanted, on lease and tenancy, and returning investment income. The property is situated on a main road location, within a parade of shops, with on-street car parking. Both tenants are long standing and there is approximately 6 years un-expired on the shop lease.

Accommodation

Ground floor shop, which consists of retail sales area, office, rear kitchen and store room. The flat has a separate entrance and briefly consists of a lounge, kitchen, bathroom and two bedrooms.

Tenure

Believed freehold price

Investment Income

The shop returns £5,700 per annum
The flat returns £4,420 per annum. The shop tenant originally had a 10 year lease with approx 6 years unexpired. The flat tenant has occupied the premise for approx three and half years

Price

£140,000

Finance

At your request we can put you in touch with an Independent Business/Finance Adviser in order to review any intended purchase. A free one-hour review has been secured for all clients of SYBS, call to book your appointment.