**sale price £139, 000****no VAT payable****mixed investment property****fully
let & income producing****long term tenants in occupation**5 Cornmarket is an
attractive mid - terraced three storey property comprising a mixed use
building. The ground floor comprises a retail unit, currently occupied by a
long established hair salon with basement, whilst the upper floors provide a
self - contained large and spacious three bedroom flat. tenancy & LEASEGround
Floor CommercialLet to Unique Hair on a 6 year lease expiring on 4th December
2026 at a passing rent of £7, 200 per annum exclusive. Upper Floor
ResidentialLet on a 6 month assured shorthold tenancy at a rent of £5, 100 per
annum exclusive. The landlord has confirmed the current tenant has been in
occupation for 3 years and is very settled and sees this property as long - term
accommodationThe combined rent for the property currently sits at £12, 300 per
annum however, there may be scope to increase the rental on the residential
element. Offers in the region of £139, 000 are invited for the freehold
investment. VATWe understand the property is not elected for VAT and VAT will
not be payable on the sale price.

Property location on the map: Use mouse double click to (Zoom IN: LEFT button; Zoom OUT: RIGHT button)

Similar properties: