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Freehold investment property situated in Clevedon Town Centre
£255,000

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Freehold investment property situated in Clevedon Town Centre

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Imposing centrally placed mixed investment property providing consistent investment return. 1 Old Street is split into two sections providing a self contained shop which for many years has operated as a successful café and on the upper floors a self contained maisonette which is accessed through a secluded walk way at the rear.

The shop is let on existing commercial lease at an annual rent of £6000 p.a with the next rent review due in 2023. The flat above is let on a separate assured shorthold tenancy at £675 per calendar month. In all the property is providing a total gross annual rent of £14,100 per annum or 5.22% return on capital.

Investments of this nature are rare to the market and we anticipate early interest.


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1 Old Street
Clevedon BS21 6ND
County: North Somerset
Sale Type: For Sale
Ref #: ATD00013
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