Property Description

The accommodation benefits from double glazing, lounge, breakfast kitchen, three bedrooms and a bathroom. Garden at front and rear with parking for two cars on side driveway. The property is situated within walking distance to the town centre and all the amenities it has to offer to include Sainsburys supermarket, a variety of restaurants and bars and the Odeon cinema. The property is currently let producing a rental income of £9,910 per annum rising annually by the Retail Price Index +2%. An excellent opportunity for investors, benefiting from immediate income on completion.

Ground Floor:

Entrance Vestibule, Lounge, Breakfast Kitchen

First Floor:

Three Bedrooms, Bathroom

Outside:

Garden at front and rear with parking for two cars on side drive.

Occupancy Agreement:

The property is let under an Occupancy Agreement commenced 10/01/1994 at a contractual rent of £190.58 per week. The Agreement allows for annual increases on 1st April in line with the Retail Prices Index (RPI) plus 2%

Auctioneers Note:

The Auctioneers have not inspected the property. The details have been provided by the seller and all interested parties should rely on their own investigations to verify the information provided.

Viewings:

There will be no internal viewings and interested parties are requested not to contact the occupants direct.

Tenure

Freehold

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