Mixed Use Investment for Auction Chesterfield S45

Property Types

Auction date: Thu, 30/01/2025 - 09:00

Guide Price £175,000. An excellent freehold mixed use investment property, currently let on a combined gross rental income of £24,600 per annum. The ground floor unit is let to a hair salon/beauticians on an unbroken 5 year self internal repair lease agreement from October 2023 at £550 per calendar month (£6,600 per annum). The salon has been thoughtfully divided up into a number of rooms to provide alternative uses. The first floor accommodation comprises of a four bedroomed HMO style property with communal kitchen and bathroom, producing a combined gross rent of £18,000 per annum with scope for rental increase. There is an additional room with potential to convert, subject to planning and increase of overall rental income. 

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