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Mixed Use Investment for Auction Fakenham NR21
Auction Date
11 December 2024
Guide Price
£170,000
Property Summary
Guide Price £170,000 - £190,000. This Grade II listed mid terrace property comprises a let ground floor cafe and self contained one bedroom maisonette above producing £18,940 pa. The cafe is let at £13,000 pa on a five year lease dated 3rd May 2024. The one bedroom maisonette is in good decorative order and is let on a one year assured shorthold tenancy dated 28th May 2019 at £495 pcm (£5,940 pa) to a long established tenant who has been in occupation for over five years. This is an ideal mixed use investment opportunity.
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