Nottingham Road, Nottingham, Eastwood, NG16 3AP

For Sale - £265,000

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3 Bedrooms 2 Bathrooms 2 Reception

Commercial - Freehold

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Nottingham

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Investment Opportunity
Shop Unit
Two Flats
Town Centre Location
£21,000 Per Annum Income

Offer for sale this investment opportunity comprising of a commercial unit and two flats. The property is located on the main shopping area of the busy Eastwood town centre which is well served by local amenities and bus service to Nottingham City centre. The building is fully let and current rental income is £21,000 per annum and the shop and the two flats are on one title deed. The accommodation comprises of a shop unit to the ground floor, a one bedroom first floor flat and a two bedroom second floor duplex flat. Yard to the rear with brick store sheds. Viewing is strongly recommended.

Ground Floor Shop Unit
Having window to the main high street and door to the front elevation.

Entrance To Flat A and Flat B
Side entrance with upvc door and double glazed window to the rear elevation. Access to flat A and flat B.

Open Plan/Lounge/Kitchen 5.33m (17'6") x 3.51m (11'6")
Double glazed window to the front elevation, central heating radiator. Open plan access to the kitchen area. The kitchen area comprises of a stainless steel sink unit with mixer taps and side drainer inset into roll edge work surfaces, a range of base and wall units . Built in oven hob and extractor hood. Tiled splash back areas.

Bedroom 3.66m (12'0") x 3.43m (11'3")
Double glazed window to the front elevation. Central heating radiator.

Bathroom 2.84m (9'4") x 1.90m (6'3")
Frosted double glazed window. White suite comprising of panelled bath with shower over, pedestal wash hand basin and low flush wc.

Emtrance/Landing
Door leading form the communal entrance hall. Staircase leading to the landing. Landing giving access to the lounge, kitchen two bedrooms and shower room.

Lounge 3.66m (12'0") x 3.66m (12'0")
Double glazed window to the front elevation. Central heating radiator.

Kitchen 2.87m (9'5") x 2.49m (8'2")
Double glazed window to the rear elevation. Stainless steel sink unit with mixer taps and side drainer inset into roll edge work surfaces, a ranger of base ad wall unit. Built in oven hob and extractor hood, plumbing for automatic washing machine.

Bedroom One 3.66m (12'0") x 3.43m (11'3")
Double glazed window and central heating radiator.

Bedroom Two 2.84m (9'4") x 1.90m (6'3")
Double glazed window and central heating radiator.

Shower Room
Comprising of shower cubical with shower over, wash hand basin with storage below and low flush wc.

Outside
Yard to the rear with brick store sheds.

Reference: EW2484

Tenant Fees

Permitted payments and tenant protection information

Permitted payments

For properties in England, the Tenant Fees Act 2019 means that in addition to rent, lettings agents can only charge tenants (or anyone acting on the tenant's behalf) the following permitted payments:
Holding deposits (a maximum of 1 week's rent);
Deposits (a maximum deposit of 5 weeks' rent for annual rent below £50,000, or 6 weeks' rent for annual rental of £50,000 and above);
Payments to change a tenancy agreement eg. change of sharer (capped at £50 or, if lower, any reasonable costs);
Payments associated with early termination of a tenancy (capped at the landlord's loss or the agent's reasonably incurred costs);
Utilities, communication services (eg. telephone, broadband), TV licence and council tax;
Interest payments for the late payment of rent (up to 3% above Bank of England's annual percentage rate);
Reasonable costs for replacement of lost keys or other security devices;
Contractual damages in the event of the tenant's default of a tenancy agreement; and
Any other permitted payments under the Tenant Fees Act 2019.

For properties in Wales, the Renting Homes (Fees etc.) (Wales) Bill , once enacted, means that in addition to rent, lettings agents can only charge tenants (or anyone acting on the tenant's behalf) the following permitted payments:
Holding deposits (a maximum of 1 week's rent);
Deposits;
Utilities, communication services (eg. telephone, broadband), TV licence and council tax;
Payments for the late payment of rent;
A breach of a term of the contract;
Any other permitted payments under the Renting Homes (Fees etc.) (Wales) Bill and regulations once enacted.

Tenant protection
In addition to publishing relevant fees, lettings agents are also required to publish details of:
the redress scheme they are a member of; and
the name of the approved or designated Client Money Protection scheme they are a member of (if any).

Disclaimer

These particulars are intended to give a fair description of the property but their accuracy cannot be guaranteed, and they do not constitute an offer of contract. Intending purchasers must rely on their own inspection of the property. None of the above appliances/services have been tested by ourselves. We recommend purchasers arrange for a qualified person to check all appliances/services before legal commitment.

Contact freckleton brown for more details

87 Nottingham Road, Nottingham, NG16 3AJ | 01773 769751 | sales@freckletonbrown.co.uk

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Nottingham Road, Nottingham, Eastwood, NG16 3AP

For Sale - £265,000

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