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    New Tythe Street, Long Eaton

    £175,000

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    Mortgage

    Estimated Monthly Mortgage Payment:
    ÂŁ831 /mo.25 Years, 4% Interest
    Loan
    ÂŁ157,500
    Total Repay
    ÂŁ249,403

    Commercial Stamp Duty

    You’ll have to pay the stamp duty of:
    ÂŁ500
    0% up to ÂŁ150,000
    2% from ÂŁ150,000 to ÂŁ175,000
    Your effective stamp duty is 0.29%

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    New Tythe Street, Long Eaton

    £175,000

    Commercial

    Key Information

    Tenure:Not available
    Council tax band:Not available

    Key Features

    A commercial building approx 1560 sq.ft. in size
    Currently producing a rent of £6,600 p.a.
    Let on a licence and is used as a car workshop
    Two adjoining commercial units which are also currently for sale
    Situated on New Tythe Street which is an established mixed use area
    Main workshop (73' x 22') with a roller shutter door to the front
    Heated by an independent gas central heating system (not tested)
    There is an office, w.c. and kitchen provided within the building
    Parking in front of the building
    Within walking distance of Long Eaton town centre and close to excellent transport links

    Description

    A SELF CONTAINED COMMERCIAL BUILDING OF APPROX 1560 SQ.FT. IN SIZE WHICH PRODUCES AN ANNUAL INCOME OF £6.600 P.M. – The building is currently used as a car maintenance and repair workshop with it measuring 72’ x 22’ in size and includes a partitioned office, kitchen and w.c. Access is provided at the front and rear by secure personal doors and there is also a roller shutter full height door at the front. Heating is provided by a gas central heating system (not tested) and there is parking at the front of the building. To view or obtain further information about this property contact the Long Eaton office of Robert Ellis.

    THIS IS A COMMERCIAL BUILDING LOCATED ON NEW TYTHE STREET WHICH IS APPROXIMATELY 1560 SQ.FT. IN SIZE AND PRODUCES AN ANNUAL RENT OF £6,600. THE PROPERTY IS LET ON A MONTHLY LICENCE WHICH WAS FIRST SIGNED IN MAY 2010.

    New Tythe Street is situated on the outskirts of Long Eaton town centre and the property is let to a private individual who uses the building for car maintenance and repair. The building is entered through a secure personal door from the car park and there is also a full height roller shutter door at the front which allows access for vehicles and larger items. The building is heated by an independent gas central heating system (gas not connected) and includes a main workshop (73’ x 22’) and within this space there is an office, kitchen and w.c. There is also secure access to the rear of the building and there is car parking at the front.

    The building is being sold with the current tenant in place, or with the required notice period to the tenant, it can be sold with the benefit of vacant possession.

    The building is only a few minutes walk away from Long Eaton town centre where there are Asda, Tesco, Lidl and Aldi stores as well as many other retail outlets, the well regarded Clifford Gym is located on Regent Street and the excellent transport links include junctions 24 and 25 of the M1, East Midlands Airport, stations at Long Eaton and East Midlands Parkway and the A52 and other main roads provide good access to Nottingham, Derby and other East Midlands towns and cities.

    Workshop
    22.25m x 6.71m approx (73' x 22' approx)
    Having a roller door and personal secure door to the front, personal secure door to the rear, 6 radiators and within this overall floor area there is:

    Office
    4.88m x 1.83m approx (16' x 6' approx)
    Security window to the side and a radiator.

    Separate w.c.
    1.83m x 1.22m approx (6' x 4' approx)
    Wall mounted gas boiler, low flush w.c. and a hand basin.

    Kitchen
    1.83m x 1.83m approx (6' x 6' approx)
    Sink with a cupboard below, work surface and a secure window to the front.

    Parking
    There is parking provided in front of this unit.

    Directions
    Proceed out of Long Eaton along Waverley Street and at the traffic lights turn left onto Station Road. Turn right into New Tythe Street and the property is situated on the left hand side.
    8258AMMP

    Long Eaton Branch

    t: 0115 946 6946
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