Description:
We are pleased to be able to bring this fantastic investment property to the market, having recently undergone significant refurbishment and now let by way of a Company Tenancy, to a National firm linked with the Hinkley Point C project.
The property is a Grade II Listed residential building set up as an 18 bedroom HMO, situated on the south side of Friarn Street, near to the Broadway Junction. The property is just a short walk from the High Street, as well as to local Restaurants and Bars.
The property benefits from a second, generously sized rear garden that is presently unused and may offer potential for the construction of an additional dwelling, subject to the relevant planning permissions.
Accommodation:
The residential property is arranged over four floors.
Measurements are on a GIA basis taken from previous report. The property boundary including the gardens extents to approximately 0.24 acres.
Basement – 35.32 m² (380 ft²)
Ground Floor – 246.46 m² (2,652 ft²)
First Floor – 220.77 m² (2,375 ft²)
Second Floor – 83.83 m² (902 ft²)
Total – 586.38 (6,309 ft²)
Services:
Mains electricity, gas, water and drainage are connected to the property. Super fast Full Fibre Broadband is available, supplied by Fibrely.
Method of Sale:
The property is being sold Freehold under Land Registry Title ST222147 by way of Private Treaty sale.
The intention will be that the property will be sold with the benefit of the existing Tenant in situ.
