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    High Street, Long Eaton

    £425,000Freehold

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    Estimated Monthly Mortgage Payment:
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    £589,966

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    High Street, Long Eaton

    £425,000

    Other
    5 Bedrooms4 Bathrooms3 Receptions

    Key Information

    Tenure:Freehold
    Council tax band:Not available
    Broadband:up to 1800Mbps
    Mobile signal:*Based on indoor data coverage
    EEO2ThreeVodafone

    Key Features

    A three storey commercial property located in the heart of Long Eaton’s retail area
    A ground floor shop with staff and living accommodation at the rear
    Two fully refurbished apartments to the first and second floors
    The property is fully let and produces an annual income of around £36,000
    The first floor apartment has three bedrooms, a new kitchen, a large lounge and two shower rooms
    The second floor apartment has two double bedrooms with en-suite shower rooms and an open plan living kitchen
    Efficient new electric heating system and double glazing to both apartments
    Fenced yard with a secure store
    Within walking distance of all the local shops, pubs, including Rowells and York Chambers, and various restaurants

    Description

    THIS IS A THREE STOREY, COMMERCIAL BUILDING LOCATED IN THE MAIN RETAIL AREA OF LONG EATON - PRODUCING AN INCOME OF AROUND £36,000PA - The property includes a large shop with staff facilities and a managers living accommodation at the rear, a fully refurbished and updated three bedroom apartment to the first floor and a large lounge/living area, a newly fitted kitchen and two shower rooms. To the second floor there is an apartment providing an open plan newly fitted kitchen/living area and two double bedrooms, both with newly fitted en-suite shower rooms, outside there is a fenced yard area and a locked store and there is parking provided in a public car park located at the rear of the building.

    THIS IS AN INVESTMENT PROPERTY SITUATED IN THE HEART OF LONG EATON SHOPPING AREA - PRODUCING A TOTAL RENT OF CIRCA £36,000.

    The property is located on High Street in Long Eaton, close to other major retail outlets in this busy town centre location. The property is fully let with a large shop to the ground floor which has staff facilities and managers living accommodation at the rear and to the first and second floors there are two recently refurbished apartments which are both currently let on Assured Shorthold Tenancy Agreements.

    The ground floor includes the main shop which is approx. 563 sq.ft. in size with there being a staff area and w.c. at the rear of the shop and there is a managers living area on the ground floor which includes an open plan living/kitchen area which has newly fitted units and appliances, a hall and double bedroom which has a shower room en-suite.

    To the first floor an external staircase leads to the newly fitted kitchen, utility area which leads to a shower room/w.c. An inner hall leads to the three bedrooms, with the bedroom having an en-suite shower room/w.c., and to the main lounge/living area located at the front of the apartment.

    To the second floor an external staircase leads to the main entrance door which provides access to the hall, from which doors lead to the living kitchen which has a newly fitted kitchen area with integrated appliances and the two double bedrooms with both bedrooms having en-suite shower rooms/w.c.

    At the rear of the building there is an enclosed yard with a locked store. Parking is provided in the public car park which is located at the rear of the building or nearby on-street parking for which a permit probably needs to be obtained.

    Ground Floor
    The ground floor comprises of a large shop with staff facilities at the rear and a managers accommodation area at the back of the building.

    Shop 4.72m x 11.00m approx (15'6 x 36'1 approx)
    The ground floor shop is let to a vape business at an annual rent of approx. £16,000 p.a. The shop area is 563 sq.ft. in size and has double opening glazed doors with full height windows to the front, counters and display areas to the walls and at the rear of the shop is a staff area including a kitchen and w.c.

    Living Accommodation
    At the rear of the ground floor is a shop managers living area and contains an open plan living kitchen and double bedroom with three Velux windows to the sloping ceiling and an en-suite shower room.

    First Floor

    Flat 1 - 71a High Street
    The first floor apartment provides three bedrooms and is approx. 823 sq.ft. in size.

    Kitchen 3.23m x 2.97m approx (10'7 x 9'9 approx)
    The kitchen is fitted with grey gloss handle-less, soft closing units and has a stainless steel sink with a mixer tap and a four ring hob set in a work surface which extends to two sides with cupboards, a drawer and oven below, further work surface with cupboards under, matching eye level wall cupboards, tiling to the walls by the work surface areas and a hood over the cooking area, door leading to the external staircase and internal door to the hall and utility area which has a window to the side and door to the shower room.

    Utility Room 1.78m x 1.68m approx (5'10 x 5'6 approx)
    Having a window to the side and proving space for an automatic washing machine.

    Shower Room
    The shower room has a corner shower with a mains flow shower system, tiling to two walls, curved glazed doors and protective screens, hand basin with a mixer tap, tiled splashback and cupboard under and a low flush w.c., opaque double glazed window, chrome ladder towel radiator and an extractor fan.

    Inner Hall
    There are doors leading to three bedrooms and the main living area from the hall.

    Lounge/Sitting Room 5.11m x 3.61m average width (16'9 x 11'10 average
    The large living area has two double glazed windows with fitted blinds to the front, wall mounted electric radiator and a TV aerial point and power point for a wall mounted TV.

    Bedroom 1 3.91m x 3.61m approx (12'10 x 11'10 approx)
    Double glazed window with a fitted blind to the side, wall mounted electric radiator and a door to the en-suite shower room:

    En-Suite
    The en-suite to this bedroom has a corner shower with a mains flow shower system, tiling to two walls, curved glazed doors and protective screens, hand basin with a mixer tap, splashback and a cupboard under and a low flush w.c., chrome ladder towel radiator and an extractor fan.

    Bedroom 2 3.66m x 3.63m approx (12' x 11'11 approx)
    Double glazed window with a fitted blind to the side and a wall mounted electric radiator.

    Bedroom 3/Study 3.96m x 1.70m approx (13' x 5'7 approx)
    Double glazed window with a fitted blind to the side and a wall mounted electric radiator.

    Second Floor
    The second floor apartment is accessed via an external staircase and the main entrance door leads into:

    Reception Hall
    The hallway has doors leading to the living/dining kitchen and bedrooms.

    Living/Dining Kitchen 5.03m x 4.50m average width (16'6 x 14'9 average w
    The kitchen area within this open plan living space has grey gloss handle-less, soft closing units and includes a stainless steel sink with a mixer tap and a four ring hob set in a work surface with cupboards, drawer and an oven below, upright integrated fridge/freezer, matching eye level wall cupboards, hood over the cooking area and tiling to the walls by the work surface areas, double glazed window with fitted blinds to the front, aerial point and power point for a wall mounted TV and a wall mounted electric radiator.

    Bedroom 1 3.99m x 2.39m approx (13'1 x 7'10 approx)
    Velux window to the sloping ceiling and a wall mounted electric radiator.

    En-Suite
    The en-suite to this bedroom has a corner shower with a mains flow shower system, tiling to two walls, curved glazed doors and protective screens, hand basin with a mixer tap, splashback and cupboard under and a low flush w.c., double glazed window to the side, chrome towel radiator and an extractor fan.

    Bedroom 2 3.99m x 2.72m approx (13'1 x 8'11 approx)
    Double glazed window to the side and a wall mounted electric radiator.

    En-Suite Shower Room
    The en-suite to the second bedroom has a corner shower with a mains flow shower system, tiling to two walls, curved glazed doors and protective screens, low flush w.c. and hand basin with a mixer tap, splashback and cupboard under and a chrome ladder towel radiator.

    Additional Information
    Electricity – Mains supply
    Water – Mains supply
    Heating – Gas central heating
    Septic Tank – No
    Broadband – BT, Sky, Virgin
    Broadband Speed - Standard 17mbps Superfast 80mbps Ultrafast 1800mbps
    Phone Signal – 02, Three, EE, Vodafone
    Sewage – Mains supply
    Flood Risk – No flooding in the past 5 years
    Flood Defenses – No
    Non-Standard Construction – No
    Any Legal Restrictions – No
    Other Material Issues – No

    A THREE STOREY COMMERCIAL PROPERTY WITH GROUND FLOOR SHOP AND FIRST AND SECOND FLOOR APARTMENTS

    Long Eaton Branch

    t: 0115 946 1818
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