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Investment property producing around £23,640 per annum in Clevedon

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Investment property producing around £23,640 per annum in Clevedon

  • Front
  • 21
  • 19
  • Flat
  • Garage and Storage
    Garage and Storage
  • Street Scene
    Street Scene

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  • Mixed freehold commercial and residential investment
  • All units currently fully let
  • Situated in a busy town centre location
  • Producing total revenue of about £23,800 p.a
  • Recently renewed main roof
  • Ready for early completion

A large freehold mixed investment property situated in the vibrant shopping area of Clevedon Triangle. - The property includes two shops and a self contained first floor maisonette all of which are currently let providing a gross annual income of £23,640, based on full occupancy. In addition, to the rear and access from the driveway to the side of number 19 is a garage and separate carport which have letting potential providing additional income of around £1200 per annum. The garage/carport area may have scope to create an additional dwelling (subject to planning permission). In recent years the main roof to the building and the gas boiler to the flat has been renewed.

Annual Rents listed as follows:

Vape Shop - £6240
Cake Shop - £8400
First Floor Flat - £9000

Old Street is one of the primary roads leading to the Triangle centre providing a busy thoroughfare and a wide range of shops and services. Over the years both shops have been consistently let primarily to small and enterprising businesses.


Shops and Flat

The property includes two self contained shops and one self contained flat above. The floor plans shown provide an idea of the overall layout of the property.

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Old Street
Clevedon BS21 6ND
County: Somerset
Sale Type: For Sale
Ref #: ATD00000
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