Redcastle lettings Estate Agent in IG1 4JZ

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020 8554 4848

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3 bed Commercial Property property

Available

For Sale

Listed May 6, 2024

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£425,000

Available

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020 8554 4848

By Redcastle lettings

Description

" Guide price 425,000 to 450,000
*Shop and self contained flat*
*Potential to extend at rear to add value (subject to planning permission)*
Great investment opportunity to buy this commercial shop and 23 bedroom flat above on the good spot of Katherine road.
This property generates £25,800 rent per annum providing 6% yield. The shop has been let to barbers on a 5 years lease. The flat has been let on 12 months ast.

The property consists,
On the ground floor,
*Shop

Self contained flat,
On the ground floor,
*Fitted kitchen
*Ground floor bathroom
*Conservatory
*Rear concrete yard

On the first floor,
* 2 big size rooms

On the second floor,
*dormer loft room

Please note, the property is already generating £25800 rental income or 6% yield per annum. "

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Listing data

Data
3 beds
Commercial Property
1248 days on market

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