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For sale through Under The Hammer by online auction on 24th October 2019. An exciting opportunity to purchase a portfolio of three 2 bedroom flats and a shop in the heart of picturesque Stoke Sub Hamdon. Offered as a freehold purchase with no chain. This lovely character building was originally a bakery and the shop unit previously used as a vets and prior to that a carpet shop. The flats and the shop are currently tenanted projecting an annual income of 22,860, giving a yield of over 8% - an ideal addition to any portfolio.
Double front door leads from street into generous retail space with electric radiator and front aspect single glazed window. Doorway leads from this room to the second room. In addition, a door leads to the internal hallway and the apartments within the building.
Accessed from the main retail room, this second room also has a front aspect single glazed window and benefits from an electric radiator and a door leading to a storage room.
Side aspect double glazed window with a vintage tiled fireplace and new carpets. This living space leads both to the kitchen and the staircase.
Fitted wall and base units, electric hob and oven, extractor fan, single bowl sink, tiled splash backs and plumbing for washing machine. Two side aspect double glazed windows. Access to under stairs cupboard.
Ground floor partially tiled bathroom with side aspect double glazed window, WC, bath with shower extension, wash hand basin and heated towel rail.
Double glazed side aspect window with electric radiator.
Side aspect double glazed window, electric radiator and loft hatch. Cupboard door opens to over stairs storage.
Situated on the first floor with two front aspect sash windows and electric radiators. Tiled vintage fireplace and original floorboards.
Front aspect single glazed sash window, electric radiator and original floorboards. Access to a cupboard.
Side aspect window and original floorboards.
Fitted kitchen with wall and base units and tiled splashbacks. Electric cooker, extractor fan and space for fridge-freezer.
First floor bathroom with skylight, panelled bath, WC, hand wash basin, fixed mirror and heated towel rail.
Situated within the eaves on the second floor this front aspect room with double glazed windows enjoys views of Ham Hill and benefits from new carpets, electric radiator and Victorian feature fireplace.
Situated on the second floor within the eaves with double glazed front aspect windows and enjoying views of Ham Hill, feature fireplace and electric radiator. Newly fitted carpets.
Side facing single glazed windows, electric radiator and newly fitted carpet.
Fitted kitchen with rear aspect single glazed window, wall and base units and tiled splash backs. extractor fan, space for cooker, space for fridge-freezer and plumbing for washing machine.
Newly fitted bathroom with tiled floors and walls, bath with electric shower over, wash hand basin and WC.
Outside space comprises path leading to outside loo and outbuildings used for the shop.
For bidding please visit: www.underthehammer.com
Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Start Price. The Start Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest.
Contracts are exchanged immediate at the end of the auction and a deposit will be taken from the highest bidder. THIS DEPOSIT WILL CONTRIBUTE TOWARDS THE PURCHASE PRICE. Completion will be 8 weeks, which means interested parties can proceed with traditional residential finance. Every buyer must first create an account at www. under the hammer .com/account/create/ Remote bidding facilities are also available, contact the auction office for further details. FULL TERMS & LEGAL DOCUMENTS Available at www.underthehammer.com
Clive Pearce Property is the trading name of Cornwall Estate Agents LTD registered in England and Wales No. 10417746. VAT No. 154 721 614