Description
A Grade II Listed freehold investment or re-development opportunity comprising a ground floor commercial unit and four flats, with two off-road parking spaces, and a courtyard garden, close to the town centre, generating circa £36,000 per annum.
The Property - A Grade II Listed freehold investment or re-development opportunity (subject to planning permission and Listed Building consent), situated in the heart of Swanage, close to the town centre's amenities and beach. 191 High Street comprises a ground floor retail area with separate WC and is currently leased to Sandie's Barbershop on a holding over basis (previous lease 7 years from 15 September 2011). Rent £200 every 4 weeks. 191A High Street consists of Flat 1: A ground floor 2 bedroom flat, let on an AST at £950 per month, expiring August. Sitting room, kitchen/dining room, 2 bedrooms, bathroom Courtyard garden and one parking space. Flat 2: A first floor 1 bedroom flat. Periodic tenancy at £600 per month. L-shape kitchen/dining/sitting room, bedroom, bathroom. One off-road parking space. Flat 3: A first floor 1 bedroom flat. Let on an AST at £650 per month, expiring August. Kitchen/dining/sitting room, bedroom, bathroom. Flat 4: A second floor 1 bedroom flat. Periodic tenancy at £650 per month. Kitchen/dining/sitting room, bedroom, bathroom.
Situation - Located in the charming seaside town of Swanage, the property is conveniently located close to the town centre's amenities and just half a mile from the beach. Swanage lies at the eastern tip of the Isle of Purbeck and is made up of an attractive mixture of old stone cottages and more modern properties all of which blend in well with the peaceful surroundings. The town offers an eclectic range of amenities including numerous shops and eateries, Swanage Railway and a delightful sandy beach. To the south is the Durlston Country Park which is renowned for being the gateway to the Jurassic Coast and the World Heritage Coastline. Wareham is approximately 9.5 miles with further amenities and a mainline station to London Waterloo.
What3words - ///washed.ignoring.fluffed
Services - All mains services are connected. Heating via gas fired boilers to radiators. All units metered separately.
Local Authority - Dorset Council - Council Tax Bands: Flats 1, 4: B, Flats 2, 3: A. 191 Rateable Value: £5,300
Agents Notes - Ultrafast broadband available. Mobile phone signal available, please refer to Ofcom's website for more information. Low chance of yearly flooding from surface water. Medium risk of flooding from surface water between 2040 and 2060. The property falls within the Conservation Area. The proeprty is Grade II Listed.
Epc Bands - Flat 1: D (67) Potential C (72), Flat 2: C (76) Potential C (79), Flat 3: C (73) Potential C (76), Flat 4: C (74) Potential C (77)
Solicitors - Kernon Kelleher Solicitors
Blandford Forum DT11 7EB
01258 446288
saul.kelleher@kernonkelleher.co.uk