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.
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.
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.