4. Detached for sale in Alcester, B49

Detached for sale in Alcester, B49

Swan Street, Alcester, B49

£385,000

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Agent details

This property is listed with:
John Earle & Son
74 High Street, Henley-in-Arden, warwickshire,
Telephone:
01564794343

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Full Details for Detached for sale in Alcester, B49 :

Located in a central part of Alcester town, a freehold 3-storey brick built detached investment property, built in the 1960s to provide some A1 & A3 premises, just around the corner from the end of the High Street and opposite Lloyds Bank. The building is currently fully occupied, producing an annual rent of £34,550. The commercial leases are on FR&I terms, which include one of the duplex flats, the two remaining flats are held on ASTs. Schedule of Accommodation: Unit 1 & Flat 1B: Trades as Rooster Fish Bar, 10-year lease running until 2nd August 2019, current rent passing £11,600 p.a. Unit 2: Let to Bainbridge & Hudson, t/a Our Place, rolling tenancy, current rent passing £6,750 p.a. Unit 3: A. D. Flooring (UK) Ltd., 3-year lease, expired 29th July 2014, now a rolling tenancy, current rent passing £4,800 p.a. Flat 1: Assured shorthold tenancy, currently let for £5,400 p.a. Flat 1a: Assured shorthold tenancy, currently let for £6,000 p.a. Located in a central part of Alcester town, a freehold 3-storey brick built detached investment property, built in the 1960s to provide some A1 & A3 premises, just around the corner from the end of the High Street and opposite Lloyds Bank. The building is currently fully occupied, producing an annual rent of £34,550. The commercial leases are on FR&I terms, which include one of the duplex flats, the two remaining flats are held on ASTs. Schedule of Accommodation: Unit 1 & Flat 1B: Trades as Rooster Fish Bar, 10-year lease running until 2nd August 2019, current rent passing £11,600 p.a. Unit 2: Let to Bainbridge & Hudson, t/a Our Place, rolling tenancy, current rent passing £6,750 p.a. Unit 3: A. D. Flooring (UK) Ltd., 3-year lease, expired 29th July 2014, now a rolling tenancy, current rent passing £4,800 p.a. Flat 1: Assured shorthold tenancy, currently let for £5,400 p.a. Flat 1a: Assured shorthold tenancy, currently let for £6,000 p.a. Services: All services are connected to the building. Tenancy Terms: The commercial leases are on full FR&I terms. The domestic tenants are liable for internal decorations. The vendors are responsible for the structure and all external decoration and repairs to the flats. Viewing: Strictly by appointment with the sole selling agents, John Earle on 01564 794343.
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House Prices for houses sold in B49 5DP

Stations Nearby

Wilmcote
4.9 miles
Wootton Wawen
5.2 miles
Bearley
5.5 miles

Schools Nearby

Welcombe Hills School
7.0 miles
The Kingfisher School
5.6 miles
Pitcheroak School
7.6 miles
Our Lady's Catholic Primary School, Alcester
0.5 miles
St Nicholas' CofE Primary
0.5 miles
Great Alne Primary School
1.9 miles
Alcester Academy
0.8 miles
Alcester Grammar School
0.3 miles
St Benedict's Catholic High School
0.4 miles