A long leasehold mixed-use building for sale comprised of a ground floor commercial unit, operating as Bywood Kebab House, and vacant two-bedroom flat above.
The commercial unit is let at £15,000pa on a newly incorporated lease of 20-years. The ground floor measures circa 612sqft. Layout wise, the unit has a front retail and seating area, kitchen, and prep station as well as additional storage, w/c facilities and rear access. There is a further storage shed to the rear of the property which is used and retained by the commercial tenant. Parking around the property is free of charge
and continuously available in surrounding roads without restrictions.
The two-bedroom flat above measures circa 488sqft and is accessed from the rear of the property via a roadway off the adjacent Chaffinch Avenue. Offered vacant, the ERV for the flat is £1,450pcm / £17,400pa as is. There is potential to convert the flat to a small HMO subject to planning permission which could bring the ERV up to £22,200pa and raise the yield to circa 9%.
