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FOR SALE | Mixed Use Investment Property occupying a Prominent Town Centre Location. Generates a Gross Income of £21,600 pa. BUSINESS NOT AFFECTED.
We bring to the market this mid terrace commercial and residential property that will appeal to investors. The ground floor trades successfully as 'Atlas Coffee'. The tenants took a 6 year IRI lease from 1st July 2025 with a Break Date of 1st July 2028.
The passing rent is £12,000pa.
The upper floors have recently been refurbished are occupied by a private tenant who currently pays £800.00 per calendar month. The tenant keeps the maisonette in good order which itself provides spacious 3 bedroom accommodation. The building lies within an area zoned for 'Selective Licensing' and therefore adheres to the Local Authority's housing standards.
Tenure: Freehold, subject to commercial and residential tenancies.
EPC: 64 Newborough (commercial) - Band C. Expires August 2027
64a Newborough (residential) - Band D. Expires August 2027
Local Taxation: 64 Newborough - RV £13,750 effective 1st April 2026
64 Newborough - Council Tax Band B
2557ft2 floor area
2557ft2 plot size
Freehold