Richmond Road

For sale
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Fantastic investment opportunity in highly sought after location in Malvern Link. A mixed use building comprises a ground floor retail unit with a one bedroom apartment above both currently with tenant in place high rental Yield. A must see investment!
Offering for sale a fantastic rental opportunity in a prime location on Malvern Link High street. With a thriving hair salon occupying the ground floor retail unit, it means the property produces income from day one. The premises comprise a good size salon, with a kitchen/ staff area, w/c, store room, cellar and rear courtyard. on the first floor a one bedroom apartment which is currently tenanted, the accommodation in brief comprises Kitchen, spacious living room, bedroom with shower room & separate WC.

SALON 27′ 7″ x 15′ 8″ (8.43m x 4.80m)

KITCHEN & STAFF AREA 8′ 9″ x 11′ 1″ (2.68m x 3.38m)

W/C 2′ 08″ x 4′ 08″ (0.81m x 1.42m)

1st Floor Apartment;

Entrance: via wooden door leading to:

Hallway: Doors leading to bedroom, lounge, bathroom & kitchen.

Lounge: 3.96m x 4.91m

UPVC double glazed window to front aspect, radiator, carpet flooring.

Bedroom: 2.84m x 3.35m

UPVC double glazed window to rear aspect, radiator, carpet flooring.

Bathroom:

Shower cubicle with shower, wash hand basin with vanity, low level WC, laminate flooring

Kitchen: 3.54m x 2.73m

UPVC double glazed window to rear aspect, range of wall and base units with worktop over, space for cooker, space for fridge freezer, space for washing machine, radiator.

Tenure: Freehold

Rental income apartment: £435pcm (periodic contract)

Rental income salon: £400 pcm (periodic contract)

Rental income combined : £10,020 Per annum

Legal costs: Each party will be responsible for their own legal costs

Services: We understand mains electricity, water and gas are connected.

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